The value of a statistical life under ambiguity aversion
From MaRDI portal
Publication:994088
DOI10.1016/j.jeem.2009.05.001zbMath1194.91162OpenAlexW3124285110MaRDI QIDQ994088
Publication date: 17 September 2010
Published in: Journal of Environmental Economics and Management (Search for Journal in Brave)
Full work available at URL: https://www.cesifo.org/DocDL/cesifo1_wp2291.pdf
uncertaintyambiguityrisk aversionwillingness to payhealth policyvalue of a statistical lifebenefit-cost analysisenvironmental risks
Related Items (7)
Ambiguous life expectancy and the demand for annuities ⋮ On ambiguity apportionment ⋮ The Myopic Property in Decision Models ⋮ Ambiguity and the Bayesian Paradigm ⋮ Uncertainty and measurement error in welfare models for risk changes ⋮ Insurance bargaining under ambiguity ⋮ Are individuals more risk and ambiguity averse in a group environment or alone? Results from an experimental study
Cites Work
- Unnamed Item
- Endogenous risk and protection premiums
- Attitude toward imprecise information
- Risk aversion in the theory of expected utility with rank dependent probabilities
- Expected utility with purely subjective non-additive probabilities
- Maxmin expected utility with non-unique prior
- The value of a statistical life: A critical review of market estimates throughout the world
- Does risk aversion increase the value of mortality risk?
- Recursive multiple-priors.
- Four notions of mean-preserving increase in risk, risk attitudes and applications to the rank-dependent expected utility model
- An experimental investigation of the impact of ambiguity on the valuation of self-insurance and self-protection
- Differentiating ambiguity and ambiguity attitude
- Hopes and fears: The conflicting effects of risk ambiguity
- Characterizing uncertainty aversion through preference for mixtures
- Statistical vs. identified lives in benefit-cost analysis
- Differences in Subjective Risk Thresholds: Worker Groups as an Example
- Ambiguity, Learning, and Asset Returns
- Risk, Ambiguity, and the Savage Axioms
- Risk Aversion for State-Dependent Utility Functions: Measurement and Applications
- Uncertainty Aversion with Second-Order Utilities and Probabilities
- The Ellsberg Paradox and Risk Aversion: An Anticipated Utility Approach
- Subjective Probability and Expected Utility without Additivity
- Temporal Resolution of Uncertainty and Dynamic Choice Theory
- The Dual Theory of Choice under Risk
- Ambiguity Aversion, Robustness, and the Variational Representation of Preferences
- Risk Aversion in the Small and in the Large
- A Smooth Model of Decision Making under Ambiguity
- Ellsberg Revisited: An Experimental Study
- Ambiguity, Risk, and Asset Returns in Continuous Time
- On Dependent Tests of Significance in the Analysis of Variance
- The value of a statistical life in transport: Findings from a new contingent valuation study in Sweden
This page was built for publication: The value of a statistical life under ambiguity aversion