Explaining diversities in age-specific life expectancies and values of life saving: a numerical analysis

DOI10.1007/S11166-005-3552-9MaRDI QIDQ2575459zbMATH OpenOpenAlexFDO

Authors Isaac Ehrlich, Yong Yin

Publication date 9 December 2005

Published in Journal of Risk and Uncertainty (Search for Journal in Brave)

Full work available at URL http://www.nber.org/papers/w10759.pdf

zbMATH Keywords

uncertaintystochastic optimizationhuman capitalself-protectionlife insurancelongevityannuitiesendogenous mortalitycalibrated simulations

Mathematics Subject Classification ID

Applications of statistics to actuarial sciences and financial mathematics (62P05) Stochastic programming (90C15)

Recommendations

• On the definition and age-dependency of the value of a statistical life
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Cites work

• scientific article; zbMATH DE number 1241609 (Why is no real title available?)
• On the value of changes in life expectancy: Blips versus parametric changes
• The value of a statistical life: A critical review of market estimates throughout the world

Cited in

(3)

• Do life-saving regulations save lives?
• To be, or not to be, that is the question: An empirical study of the WTP for an increased life expectancy at an advanced age
• The age-dependent value of time: a life cycle analysis

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