Estimation of revealed probabilities and utility functions for product safety decisions

Review of Economics and Statistics

Volumn 80, Issue 1, 1998, Pages 28-33

  Viscusi, W Kip ^a   Evans, William N ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0032395320     PISSN: 00346535     EISSN: None     Source Type: Journal    
DOI: 10.1162/003465398557302     Document Type: Article

References (18)

1. Combs, Barbara, and Paul Slovic, "Causes of Death: Biased Newspaper Coverage and Biased Judgments," Journalism Quarterly 56 (1974), 837-843, 849.
2. Evans, William, and W. Kip Viscusi, "Estimation of State-Dependent Utility Functions Using Survey Data," this REVIEW 73:1 (1991), 94-104.
3. _ "Income Effects and the Value of Health," Journal of Human Resources 28:3 (1993) 497-518.
4. Fischhoff, Baruch, Sara Lichtenstein, Paul Slovic, Stephen L. Derby, and Ralph L. Keeney, Acceptable Risk (Cambridge, UK: Cambridge University Press, 1981).
5. Gallant, A. Ronald, "Seemingly Unrelated Nonlinear Regressions," American Statistician 3 (1975), 35-50.
6. _ Nonlinear Statistical Models (New York: Wiley, 1986).
7. Kahneman, Daniel, and Amos Tversky, "Prospect Theory: An Analysis of Decision under Risk," Econometrica 47 (1979), 263-291.
8. Keeney, Ralph, and Howard Raiffa, Decisions with Multiple Objectives: Preferences and Value Tradeoffs (New York: Wiley, 1976).
9. Kleindorfer, Paul R., Howard C. Kunreuther, and Paul J. Schoemaker, Decision Sciences: An Integrative Perspective (Cambridge, UK: Cambridge University Press, 1993).
10. Kunreuther, Howard, Ralph Ginsberg, Louis Miller, Philip Sagi, Paul Slovic, Bradley Borkan, and Norman Katz, Disaster Insurance Protection: Public Policy Lessons (New York: Wiley, 1978).
11. Lichtenstein, Sara, Paul Slovic, Baruch Fischhoff, Ulaark Layman, and Barbara Combs, "Judged Frequency of Lethal Events," Journal of Experimental Psychology 4 (1978), 551-578.
12. Machina, Mark J., "Perception of Risk," Science 236 (1987), 537-543.
13. Magat, Wesley A., and W. Kip Viscusi, Informational Approaches to Regulation (Cambridge, MA: MIT Press, 1992).
14. Raiffa, Howard, Decision Analysis (Reading, MA: Addison-Wesley, 1968).
15. Viscusi, W. Kip, "Prospective Reference Theory: Toward an Explanation of the Paradoxes," Journal of Risk and Uncertainty 2:3 (1989), 235-264.
16. _ Fatal Tradeoffs: Public and Private Responsibilities for Risk (New York: Oxford University Press, 1992).
17. Viscusi, W. Kip, and William Evans, "Utility Functions that Depend on Health Status: Estimates and Economic Implications," American Economic Review 80:2 (1990), 353-374.
18. Viscusi, W. Kip, Wesley A. Magat, and Joel Huber, "An Investigation of the Rationality of Consumer Valuations of Multiple Health Risks," Rand Journal of Economics 18:4 (1987), 465-479.