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Cited by 301

The DOI matches its Crossref record; 18 of the 18 references it cites were found in a registry or an index.

THE QUANTITY‐ADJUSTED VALUE OF LIFE

Moore, Michael J., Viscusi, W. Kip·1988·Economic Inquiry

Abstract

The traditional compensating differential analysis is extended to reflect the effects on wages of the duration of life at risk and of insurance benefits to the surviving spouse and dependents. The implicit discount rate that workers use in making their life‐cycle employment decisions is also estimated. The revealed discount rate ranges from 10 to 12 percent, and the implicit value per year of life is 175,000. There is also evidence of significant wage reductions resulting from higher workers' compensation benefits for fatal and nonfatal injuries, suggesting an important tradeoff between ex ante and ex post compensation for risk.

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Crossref · 10.1111/j.1465-7295.1988.tb01502.x

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Metadata

Authors
Moore, M. J., & Viscusi, W. K.
Venue
Economic Inquiry
Publisher
Wiley
Published
1988-07
Volume
26
Issue
3
Pages
369-388
ISSN
  • 0043-3640 (ISSN-L)
  • 0095-2583
  • 1465-7295
OpenAlex
W2071660937
Cited by
301
References
18
FWCI
18.72
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: THE QUANTITY‐ADJUSTED VALUE OF LIFE. https://app.cochat.ai/papers/10.1111/j.1465-7295.1988.tb01502.x
The paper
Moore, M. J., & Viscusi, W. K. (1988). THE QUANTITY‐ADJUSTED VALUE OF LIFE. Economic Inquiry. https://doi.org/10.1111/j.1465-7295.1988.tb01502.x

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.