VSL, QALYS Flashcards Quizlet2022-08-24
Study with Quizlet and memorize flashcards containing terms like VSL: Can be used to rank allocative efficiency - How is it used - Response to VSL being inappropriate b/c value of life is infinite, Difficulties estimating VSL (Age, Equity, Generalizbility of VSL statistics, Quality of Life), Calculate VSL problem: revealed preference approach avg CA pop willing to pay
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