The cost-per-life-saved cutoff for safety-enhancing regulations

Economic Inquiry

Volumn 37, Issue 4, 1999, Pages 599-608

  Lutter, Randall ^a   Morrall III, John F ^c   Viscusi, W Kip ^b  

^a AMERICAN ENTERPRISE INSTITUTE   (United States)

^b HARVARD LAW SCHOOL   (United States)

^c NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0033446026     PISSN: 00952583     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1465-7295.1999.tb01450.x     Document Type: Article

References (28)

1. Chapman, Kenneth S., and Govind Hariharan. "Controlling for Causality in the Link from Income to Mortality." Journal of Risk and Uncertainty, 8(1), 1994a, 85-93.
2. _. "Health-Health Analysis: Do Poor People Have a Stronger Relationship between Income and Mortality Than the Rich?" Prepared for presentation at the January 1994 American Economics Association Meetings, 1994b.
3. Department of Health and Human Services. National Center for Health Statistics. National Health Interview Survey, 1990 and 1991.
4. Keeney, Ralph. "Mortality Risks Induced by Economic Expenditures." Risk Analysis, 10(1), 1990, 147-59.
5. _. "Mortality Risks Induced by the Costs of Regulations." Journal of Risk and Uncertainty, 8(1), 1994, 95-110.
6. _. "Estimating Fatalities Induced by the Economic Costs of Regulation." Working paper, University of Southern California, 1996.
7. Kenkel, Donald. "Health Behavior, Health Knowledge, and Schooling." Journal of Political Economy, 95(2), 1991, 287-305.
8. _. "Drinking, Driving, and Deterrence: The Effectiveness and Social Costs of Alternative Policies." Journal of Law and Economics, 36(2), 1993, 877-913.
9. _. "New Estimates of the Optimal Tax on Alcohol." Economic Inquiry, 34(2), 1996, 296-319.
10. Lutter, Randall, and John F. Morrall. "Health-Health Analysis: A New Way to Evaluate Health and Safety Regulation." Journal of Risk and Uncertainty, 8(1), 1994, 43-66.
11. McGinnis, J., and W. Foege. "Actual Causes of Death in the United States." Journal of the American Medical Association, 270(18), 1993, 2207-12.
12. Morrall, John. "A Review of the Record." Regulation, 10(2), 1986, 25-34.
13. New York Times. 16 March 1992, Sec. A, p. 13.
14. _. 10 November 1994, Sec. C, p. 2.
15. Portney, Paul R., and R. Stavins. "Regulatory Review of Environmental Policy: The Potential Role of Health-Health Analysis." Journal of Risk and Uncertainty, 8(1), 1994, 111-22.
16. Smith, Kerry V., Donald J. Epp, and Kurt A. Schwabe. "Cross-Country Analyses Don't Estimate Health-Health Responses." Journal of Risk and Uncertainty, 8(1), 1994, 67-84.
17. Thaler R., and S. Rosen. "The Value of Saving a Life: Evidence from the Market," in Household Production and Consumption, edited by Nestor E. Terleckyj. Cambridge, Mass.: National Bureau of Economic Research, 1976, 265-98.
18. U.S. Department of Commerce. Statistical Abstract of the United States. Washington: GPO, 1993.
19. Viscusi, W. Kip. "Wealth Effects and Earnings Premiums for Job Hazards." Review of Economics and Statistics, 60(3), 1978, 408-16.
20. _. Risk by Choice: Regulating Health and Safety in the Workplace. Cambridge, Mass.: Harvard University Press, 1983.
21. _. Fatal Tradeoffs: Public & Private Responsibilities for Risk. New York: Oxford University Press, 1992a.
22. _. Smoking: Making The Risky Decision. New York: Oxford University Press, 1992b.
23. _. "The Value of Risks to Life and Health." Journal of Economic Literature, 31, 1993, 1912-46.
24. _. "Mortality Effects of Regulatory Costs and Policy Evaluation Criteria." RAND Journal of Economics, 25(1), 1994, 94-109.
25. Wall Street Journal. 20 March 1997.
26. Washington Post. 17 March 1992.
27. Wasserman, J., W. G. Manning, J. P. Newhouse, and J. D. Winkler. "The Effects of Excise Taxes and Regulations On Cigarette Smoking." Journal of Health Economics, 10, 1991, 43-64.
28. Wildavsky, Aaron. Searching for Safety. New Brunswick, N.J.: Transaction Books, 1988.