Assume the value of a statistical life is 85000000 and that
Assume the value of a statistical life is $85,000,000 and that workers in more dangerous jobs are exposed to an additional 1/105 risk of death. How much more should the workers in the more dangerous jobs be paid (compared to the other workers)?
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assume the value of a statistical life is 85000000 and that workers in more dangerous jobs are exposed to an additional
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suppose that you win the state lottery you have two options to receive your winnings plan 1 pays you a lump-sum amount
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