Words similar to vsl
Example sentences for: vsl
How can you use “vsl” in a sentence? Here are some example sentences to help you improve your vocabulary:
When there are significant differences between the population affected by a particular health risk and the populations used in the labor market studies, as is the case here, some economists prefer to adjust the VSL estimate to reflect those differences.
E Jones-Lee (1989) provides an estimate of age-adjusted VSL based on a finding that older people place a much lower value on mortality risk reductions than middle-age people.
Indeed, the VSL estimate of $6 million (1999 dollars) is itself the central tendency of a number of estimates of the VSL for some rather narrowly defined populations.
They then fit VSL as a function of age and extrapolate outside the range of the data to obtain ratios for the very old.
Age-specific VSL adjustment factors can be derived from a series of contingent valuation studies conducted in the United Kingdom to evaluate WTP for road safety improvements that reduce mortality risk.