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Details about W Kip Viscusi
Access statistics for papers by W Kip Viscusi.
Last updated 2009-11-04. Update your information in the RePEc Author Service.
Short-id: pvi69
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Working Papers
2009
- Policy Relevant Heterogeneity in the Value of Statistical Life: New Evidence from Panel Data Quantile Regressions
Center for Policy Research Working Papers, Center for Policy Research, Maxwell School, Syracuse University 
Also in IZA Discussion Papers, Institute for the Study of Labor (IZA) (2009)
- Tobacco Regulation through Litigation: The Master Settlement Agreement
NBER Working Papers, National Bureau of Economic Research, Inc
2007
- Age Differences in the Value of Statistical Life: Revealed Preference Evidence
Discussion Papers, Resources For the Future View citations
See also Journal Article in Review of Environmental Economics and Policy (2007)
- Pinning Down the Value of Statistical Life
IZA Discussion Papers, Institute for the Study of Labor (IZA) View citations
Also in Center for Policy Research Working Papers, Center for Policy Research, Maxwell School, Syracuse University (2006) View citations
- The Mortality Cost to Smokers
NBER Working Papers, National Bureau of Economic Research, Inc 
See also Journal Article in Journal of Health Economics (2008)
2006
- Adjusting the Value of a Statistical Life for Age and Cohort Effects
Discussion Papers, Resources For the Future View citations
See also Journal Article in The Review of Economics and Statistics (2008)
- Hyperbolic Discounting of Public Goods
NBER Working Papers, National Bureau of Economic Research, Inc
- Labor Market Estimates of the Senior Discount for the Value of Statistical Life
Discussion Papers, Resources For the Future View citations
See also Journal Article in Journal of Environmental Economics and Management (2007)
- National Survey Evidence on Disasters and Relief: Risk Beliefs, Self-Interest, and Compassion
NBER Working Papers, National Bureau of Economic Research, Inc View citations
See also Journal Article in Journal of Risk and Uncertainty (2006)
- Rational Discounting for Regulatory Analysis
NBER Working Papers, National Bureau of Economic Research, Inc View citations
- Regulation of Health, Safety, and Environmental Risks
NBER Working Papers, National Bureau of Economic Research, Inc View citations
See also Chapter (2007)
- The Catastrophic Effects of Natural Disasters on Insurance Markets
NBER Working Papers, National Bureau of Economic Research, Inc View citations
See also Journal Article in Journal of Risk and Uncertainty (2006)
- The Effects of Tort Reform on Medical Malpractice Insurers' Ultimate Losses
NBER Working Papers, National Bureau of Economic Research, Inc 
See also Journal Article in Journal of Risk & Insurance (2009)
2005
- How Unobservable Productivity Biases the Value of a Statistical Life
NBER Working Papers, National Bureau of Economic Research, Inc View citations
- The Generational Divide in Support for Environmental Policies: European Evidence
NBER Working Papers, National Bureau of Economic Research, Inc View citations
- The Perception and Valuation of the Risks of Climate Change: A Rational and Behavioral Blend
Working Paper Series, Harvard University, John F. Kennedy School of Government 
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations
2004
- Age Variations in Workers' Value of Statistical Life
NBER Working Papers, National Bureau of Economic Research, Inc View citations
- Life-Cycle Consumption and the Age-Adjusted Value of Life
NBER Working Papers, National Bureau of Economic Research, Inc View citations
See also Journal Article in The B.E. Journal of Economic Analysis & Policy (2006)
2003
- Sacrificing Civil Liberties to Reduce Terrorism Risks
Working Paper Series, Harvard University, John F. Kennedy School of Government View citations
See also Journal Article in Journal of Risk and Uncertainty (2003)
- The Value of a Statistical Life: A Critical Review of Market Estimates throughout the World
NBER Working Papers, National Bureau of Economic Research, Inc View citations
See also Journal Article in Journal of Risk and Uncertainty (2003)
1995
- Organizational Form and Insurance Company Performance: Stocks versus Mutuals
NBER Working Papers, National Bureau of Economic Research, Inc View citations
See also Chapter (1998)
1994
- Cigarette Taxation and the Social Consequences of Smoking
NBER Working Papers, National Bureau of Economic Research, Inc View citations
See also Chapter (1995)
1990
- Workers' Compensation and Injury Duration: Evidence from a Natural Experiment
NBER Working Papers, National Bureau of Economic Research, Inc View citations
See also Journal Article in American Economic Review (1995)
1986
- The Impact of Occupational Safety and HealthRegulation, 1973-83
University of Chicago - George G. Stigler Center for Study of Economy and State, Chicago - Center for Study of Economy and State
1979
- Sorting Models of Labor Mobility, Turnover, and Unemployment
NBER Working Papers, National Bureau of Economic Research, Inc
- Specific Information, General Information, and Employment Matches Under Uncertainty
NBER Working Papers, National Bureau of Economic Research, Inc
Journal Articles
2009
- The Effects of Tort Reform on Medical Malpractice Insurers' Ultimate Losses
Journal of Risk & Insurance, 2009, 76, (1), 197-219 
See also Working Paper (2006)
- Valuing risks of death from terrorism and natural disasters
Journal of Risk and Uncertainty, 2009, 38, (3), 191-213
2008
- Adjusting the Value of a Statistical Life for Age and Cohort Effects
The Review of Economics and Statistics, 2008, 90, (3), 573-581 View citations
See also Working Paper (2006)
- Discounting dilemmas: Editors’ introduction
Journal of Risk and Uncertainty, 2008, 37, (2), 95-106
- Estimating discount rates for environmental quality from utility-based choice experiments
Journal of Risk and Uncertainty, 2008, 37, (2), 199-220 View citations
- How to value a life
Journal of Economics and Finance, 2008, 32, (4), 311-323
- RISK BELIEFS AND SMOKING BEHAVIOR
Economic Inquiry, 2008, 46, (1), 45-59 View citations
- Reference dependence in iterative choices
Organizational Behavior and Human Decision Processes, 2008, 106, (2), 143-152 View citations
- The Economic Value of Water Quality
Environmental & Resource Economics, 2008, 41, (2), 169-187 View citations
- The mortality cost to smokers
Journal of Health Economics, 2008, 27, (4), 943-958 View citations
See also Working Paper (2007)
2007
- Age Differences in the Value of Statistical Life: Revealed Preference Evidence
Review of Environmental Economics and Policy, 2007, 1, (2), 241-260 View citations
See also Working Paper (2007)
- An Empirical Assessment of Early Offer Reform for Medical Malpractice
Journal of Legal Studies, 2007, 36, (S2), S231-S259
- Automobile Seatbelt Usage and the Value of Statistical Life
Southern Economic Journal, 2007, 73, (3), 659–676 View citations
- Labor market estimates of the senior discount for the value of statistical life
Journal of Environmental Economics and Management, 2007, 53, (3), 377-392 View citations
See also Working Paper (2006)
- Tort Liability Litigation Costs for Commercial Claims
American Law and Economics Review, 2007, 9, (2), 330-369
2006
- Behavioral Probabilities
Journal of Risk and Uncertainty, 2006, 32, (1), 5-15 View citations
- Life-Cycle Consumption and the Age-Adjusted Value of Life
The B.E. Journal of Economic Analysis & Policy, 2006, contributions.5, (1) View citations
See also Working Paper (2004)
- National survey evidence on disasters and relief: Risk beliefs, self-interest, and compassion
Journal of Risk and Uncertainty, 2006, 33, (1), 13-36 View citations
See also Working Paper (2006)
- Natural disaster risks: An introduction
Journal of Risk and Uncertainty, 2006, 33, (1), 5-11
- The catastrophic effects of natural disasters on insurance markets
Journal of Risk and Uncertainty, 2006, 33, (1), 55-72 View citations
See also Working Paper (2006)
2005
- Damages Caps, Insurability, and the Performance of Medical Malpractice Insurance
Journal of Risk & Insurance, 2005, 72, (1), 23-43 View citations
- Recollection Bias and the Combat of Terrorism
Journal of Legal Studies, 2005, 34, 27-55 View citations
- Value of a Statistical Life: Relative Position vs. Relative Age
American Economic Review, 2005, 95, (2), 142-146 View citations
2004
- Punitive Damages: How Judges and Juries Perform
Journal of Legal Studies, 2004, 33, 1-36 View citations
- The Denominator Blindness Effect: Accident Frequencies and the Misjudgment of Recklessness
American Law and Economics Review, 2004, 6, (1), 72-94 View citations
- The Value of Life: Estimates with Risks by Occupation and Industry
Economic Inquiry, 2004, 42, (1), 29-48 View citations
- Voter Preferences and State Regulation of Smoking
Economic Inquiry, 2004, 42, (3), 455-468 View citations
2003
- Commonalities in Time and Ambiguity Aversion for Long-Term Risks*
Theory and Decision, 2003, 54, (1), 57-71
- Racial Differences in Labor Market Values of a Statistical Life
Journal of Risk and Uncertainty, 2003, 27, (3), 239-56 View citations
- Sacrificing Civil Liberties to Reduce Terrorism Risks
Journal of Risk and Uncertainty, 2003, 26, (2-3), 99-120 View citations
See also Working Paper (2003)
- The Value of a Statistical Life: A Critical Review of Market Estimates throughout the World
Journal of Risk and Uncertainty, 2003, 27, (1), 5-76 View citations
See also Working Paper (2003)
2002
- Housing price responses to newspaper publicity of hazardous waste sites
Resource and Energy Economics, 2002, 24, (1-2), 33-51 View citations
- The Market Value of Reducing Cancer Risk: Hedonic Housing Prices with Changing Information
Southern Economic Journal, 2002, 69, (2), 266-289 View citations
2001
- Cigarette Smokers As Job Risk Takers
The Review of Economics and Statistics, 2001, 83, (2), 269-280 View citations
- Do Workers Want OSHA's Ergonomics Regulations?
Journal of Labor Research, 2001, 22, (1), 137-143
- Jurors, Judges, and the Mistreatment of Risk by the Courts
Journal of Legal Studies, 2001, 30, (1), 107-42 View citations
- The Challenge of Punitive Damages Mathematics
Journal of Legal Studies, 2001, 30, (2), 313-50 View citations
2000
- Private Values Of Risk Tradeoffs At Superfund Sites: Housing Market Evidence On Learning About Risk
The Review of Economics and Statistics, 2000, 82, (3), 439-451 View citations
- Risk Equity
Journal of Legal Studies, 2000, 29, (2), 843-71 View citations
- Smoking Risks in Spain: Part III--Determinants of Smoking Behavior
Journal of Risk and Uncertainty, 2000, 21, (2-3), 213-34 View citations
1999
- Are Risk Regulators Rational? Evidence from Hazardous Waste Cleanup Decisions
American Economic Review, 1999, 89, (4), 1010-1027 View citations
- How Do Judges Think about Risk?
American Law and Economics Review, 1999, 1, (1-2), 26-62 View citations
- Smoking Status and Public Responses to Ambiguous Scientific Risk Evidence
Southern Economic Journal, 1999, 66, (2), 250-270 View citations
- The Cost-per-Life-Saved Cutoff for Safety-Enhancing Regulations
Economic Inquiry, 1999, 37, (4), 599-608 View citations
- The Governmental Composition of the Insurance Costs of Smoking
Journal of Law & Economics, 1999, 42, (2), 575-609 View citations
1998
- Alternative approaches to valuing intangible health losses: the evidence for multiple sclerosis1
Journal of Health Economics, 1998, 17, (4), 475-497 View citations
- Estimation Of Revealed Probabilities And Utility Functions For Product Safety Decisions
The Review of Economics and Statistics, 1998, 80, (1), 28-33 View citations
- The Courtroom Comes to the Classroom: Estimating Economic Damages as an Instructional Device
Journal of Economic Education, 1998, 29, (4), 301-311
1997
- Alarmist Decisions with Divergent Risk Information
Economic Journal, 1997, 107, (445), 1657-70 View citations
- Conservative versus Mean Risk Assessments: Implications for Superfund Policies
Journal of Environmental Economics and Management, 1997, 34, (3), 187-206 View citations
- Measures of Mortality Risks
Journal of Risk and Uncertainty, 1997, 14, (3), 213-33 View citations
- Mortality Risk Perceptions: A Bayesian Reassessment
Journal of Risk and Uncertainty, 1997, 15, (2), 135-50 View citations
1996
- Alternative Institutional Responses to Aspestos
Journal of Risk and Uncertainty, 1996, 12, (2-3), 147-70
- Economic Foundations of the Current Regulatory Reform Efforts
Journal of Economic Perspectives, 1996, 10, (3), 119-34 View citations
1995
- Carcinogen Regulation: Risk Characteristics and the Synthetic Risk Bias
American Economic Review, 1995, 85, (2), 50-54
- Energy Taxation as a Policy Instrument to Reduce CO2 Emissions: A Net Benefit Analysis
Journal of Environmental Economics and Management, 1995, 29, (1), 1-24 View citations
- Environmental Taxation for Environmental Regulation and Fiscal Policy: An Analysis of a Clinton-Type BTU Tax
Journal of Regulatory Economics, 1995, 8, (1), 5-22
- Government Action, Biases in Risk Perception, and Insurance Decisions
The Geneva Risk and Insurance Review, 1995, 20, (1), 93-110
- Insurance and catastrophes: The changing role of the liability system
The Geneva Risk and Insurance Review, 1995, 20, (2), 177-184 View citations
- Medical Malpractice Insurance in the Wake of Liability Reform
Journal of Legal Studies, 1995, 24, (2), 463-90 View citations
- Rates of Time Preference and Consumer Valuations of Automobile Safety and Fuel Efficiency
Journal of Law & Economics, 1995, 38, (1), 79-105 View citations
- The General-Liability Reform Experiments and the Distribution of Insurance-Market Outcomes
Journal of Business & Economic Statistics, 1995, 13, (2), 183-88
- The coase theorem in rent-seeking society
International Review of Law and Economics, 1995, 15, (3), 259-268 View citations
- Workers' Compensation and Injury Duration: Evidence from a Natural Experiment
American Economic Review, 1995, 85, (3), 322-40 View citations
See also Working Paper (1990)
1994
- Environmentally Responsible Energy Pricing
The Energy Journal, 1994, 15, (2), 23-42 View citations
- Mortality Effects of Regulatory Costs and Policy Evaluation Criteria
RAND Journal of Economics, 1994, 25, (1), 94-109 View citations
- Risk-Risk Analysis
Journal of Risk and Uncertainty, 1994, 8, (1), 5-17 View citations
- The Fatality and Injury Costs of Expenditures
Journal of Risk and Uncertainty, 1994, 8, (1), 19-41
1993
- Product Liability, Research and Development, and Innovation
Journal of Political Economy, 1993, 101, (1), 161-84 View citations
- The Effect of 1980s Tort Reform Legislation on General Liability and Medical Malpractice Insurance
Journal of Risk and Uncertainty, 1993, 6, (2), 165-86
- The Risky Business of Insurance Pricing
Journal of Risk and Uncertainty, 1993, 7, (1), 117-39 View citations
- The Value of Risks to Life and Health
Journal of Economic Literature, 1993, 31, (4), 1912-46 View citations
1992
- Bayesian Decisions with Ambiguous Belief Aversion
Journal of Risk and Uncertainty, 1992, 5, (4), 371-87 View citations
1991
- Age Variations in Risk Perceptions and Smoking Decisions
The Review of Economics and Statistics, 1991, 73, (4), 577-88 View citations
- Estimation of State-Dependent Utility Functions Using Survey Data
The Review of Economics and Statistics, 1991, 73, (1), 94-104 View citations
- Pricing environmental health risks: survey assessments of risk-risk and risk-dollar trade-offs for chronic bronchitis
Journal of Environmental Economics and Management, 1991, 21, (1), 32-51 View citations
- Product and Occupational Liability
Journal of Economic Perspectives, 1991, 5, (3), 71-91 View citations
- The Dimensions of the Product Liability Crisis
Journal of Legal Studies, 1991, 20, (1), 147-77 View citations
- Worker learning and compensating differentials
Industrial and Labor Relations Review, 1991, 45, (1), 80-96 View citations
1990
- Discounting environmental health risks: New evidence and policy implications
Journal of Environmental Economics and Management, 1990, 18, (2), S51-S62 View citations
- Do Smokers Underestimate Risks?
Journal of Political Economy, 1990, 98, (6), 1253-69 View citations
- Effectiveness of the EPA's Regulatory Enforcement: The Case of Industrial Effluent Standards
Journal of Law & Economics, 1990, 33, (2), 331-60 View citations
- Long-term Environmental Risks
Journal of Risk and Uncertainty, 1990, 3, (4), 311-14
- Models for Estimating Discount Rates for Long-term Health Risks Using Labor Market Data
Journal of Risk and Uncertainty, 1990, 3, (4), 381-401 View citations
- Social Insurance for Work and Product Injuries&ast
The Geneva Risk and Insurance Review, 1990, 15, (2), 115-139
- Sources of Inconsistency in Societal Responses to Health Risks
American Economic Review, 1990, 80, (2), 257-61 View citations
- The Market Response to Product Safety Litigation
Journal of Regulatory Economics, 1990, 2, (3), 215-30 View citations
- The Performance of Liability Insurance in States with Different Products-Liability Statutes
Journal of Legal Studies, 1990, 19, (2), 809-36
- Utility Functions That Depend on Health Status: Estimates and Economic Implications
American Economic Review, 1990, 80, (3), 353-74 View citations
1989
- Promoting Safety through Workers' Compensation: The Efficacy and Net Wage Costs of Injury Insurance
RAND Journal of Economics, 1989, 20, (4), 499-515 View citations
- Prospective Reference Theory: Toward an Explanation of the Paradoxes
Journal of Risk and Uncertainty, 1989, 2, (3), 235-63 View citations
- Rates of time preference and valuations of the duration of life
Journal of Public Economics, 1989, 38, (3), 297-317 View citations
- The Interaction between Product Liability and Workers' Compensation as Ex Post Remedies for Workplace Injuries
Journal of Law, Economics and Organization, 1989, 5, (1), 185-210
1988
- Consumer Processing of Hazard Warning Information
Journal of Risk and Uncertainty, 1988, 1, (2), 201-32 View citations
- Editor's Introduction
Journal of Risk and Uncertainty, 1988, 1, (2), 139-45
- Irreversible environmental investments with uncertain benefit levels
Journal of Environmental Economics and Management, 1988, 15, (2), 147-157 View citations
- Pain and suffering in product liability cases: Systematic compensation or capricious awards?
International Review of Law and Economics, 1988, 8, (2), 203-220 View citations
- Paired comparison and contingent valuation approaches to morbidity risk valuation
Journal of Environmental Economics and Management, 1988, 15, (4), 395-411 View citations
- Product Liability Litigation with Risk Aversion
Journal of Legal Studies, 1988, 17, (1), 101-21
- Product Liability and Regulation: Establishing the Appropriate Institutional Division of Labor
American Economic Review, 1988, 78, (2), 300-304 View citations
- The Quantity-Adjusted Value of Life
Economic Inquiry, 1988, 26, (3), 369-88 View citations
1987
- An Investigation of the Rationality of Consumer Valuations of Multiple Health Risks
RAND Journal of Economics, 1987, 18, (4), 465-479 View citations
- Workers' Compensation: Wage Effects, Benefit Inadequacies, and the Value of Health Losses
The Review of Economics and Statistics, 1987, 69, (2), 249-61 View citations
1986
- Informational Regulation of Consumer Health Risks: An Empirical Evaluation of Hazard Warnings
RAND Journal of Economics, 1986, 17, (3), 351-365 View citations
- The Impact of Occupational Safety and Health Regulation, 1973-1983
RAND Journal of Economics, 1986, 17, (4), 567-580
- The Risks and Rewards of Criminal Activity: A Comprehensive Test of Criminal Deterrence
Journal of Labor Economics, 1986, 4, (3), 317-40 View citations
1985
- A Bayesian perspective on biases in risk perception
Economics Letters, 1985, 17, (1-2), 59-62 View citations
- Are Individuals Bayesian Decision Makers?
American Economic Review, 1985, 75, (2), 381-85 View citations
- Consumer Behavior and the Safety Effects of Product Safety Regulation
Journal of Law & Economics, 1985, 28, (3), 527-53 View citations
- Environmental policy choice with an uncertain chance of irreversibility
Journal of Environmental Economics and Management, 1985, 12, (1), 28-44 View citations
1984
- Adaptive Responses to Chemical Labeling: Are Workers Bayesian Decision Makers?
American Economic Review, 1984, 74, (5), 942-56 View citations
- Economic Contests: Comparative Reward Schemes
Journal of Labor Economics, 1984, 2, (1), 27-56 View citations
- Regulating uncertain health hazards when there is changing risk information
Journal of Health Economics, 1984, 3, (3), 259-273 View citations
- The Lulling Effect: The Impact of Child-Resistant Packaging on Aspirin and Analgesic Ingestions
American Economic Review, 1984, 74, (2), 324-27 View citations
1983
- Employment Relationships with Joint Employer and Worker Experimentation
International Economic Review, 1983, 24, (2), 313-22
- Frameworks for Analyzing the Effects of Risk and Environmental Regulations on Productivity
American Economic Review, 1983, 73, (4), 793-801 View citations
1982
- THE INFORMATIONAL REQUIREMENTS FOR EFFECTIVE REGULATORY REVIEW: AN ANALYSIS OF THE EPA LEAD STANDARD
Review of Policy Research, 1982, 1, (4), 686-691
1980
- A Theory of Job Shopping: A Bayesian Perspective
The Quarterly Journal of Economics, 1980, 94, (3), 609-14 View citations
- Imperfect job risk information and optimal workmen's compensation benefits
Journal of Public Economics, 1980, 14, (3), 319-337 View citations
- Self-Selection, Learning-Induced Quits, and the Optimal Wage Structure
International Economic Review, 1980, 21, (3), 529-46 View citations
- Sex Differences in Worker Quitting
The Review of Economics and Statistics, 1980, 62, (3), 388-98 View citations
1979
- Insurance and Individual Incentives in Adaptive Contexts
Econometrica, 1979, 47, (5), 1195-1207 View citations
- Job Hazards and Worker Quit Rates: An Analysis of Adaptive Worker Behavior
International Economic Review, 1979, 20, (1), 29-58 View citations
- The Impact of Occupational Safety and Health Regulation
Bell Journal of Economics, 1979, 10, (1), 117-140 View citations
1978
- A Note on "Lemons" Markets with Quality Certification
Bell Journal of Economics, 1978, 9, (1), 277-279 View citations
- Wealth Effects and Earnings Premiums for Job Hazards
The Review of Economics and Statistics, 1978, 60, (3), 408-16 View citations
1976
- Environmental policy choice under uncertainty
Journal of Environmental Economics and Management, 1976, 3, (2), 97-112
Books
2005
- Economics of Regulation and Antitrust, 4th Edition, vol 1
MIT Press Books, The MIT Press View citations
1999
- Calculating Risks?: The Spatial and Political Dimensions of Hazardous Waste Policy, vol 1
MIT Press Books, The MIT Press View citations
1992
- Informational Approaches to Regulation, vol 1
MIT Press Books, The MIT Press View citations
Chapters
2007
- Regulation of Health, Safety, and Environmental Risks
Elsevier View citations
See also Working Paper (2006)
2006
- Quantifying and Valuing Environmental Health Risks
Chapter 20 in Handbook of Environmental Economics, 2006, vol. 2, pp 1029-1103
1998
- Organizational Form and Insurance Company Performance: Stocks versus Mutuals
A chapter in The Economics of Property-Casualty Insurance, 1998, pp 167-192 View citations
See also Working Paper (1995)
1995
- Cigarette Taxation and the Social Consequences of Smoking
A chapter in Tax Policy and the Economy, Volume 9, 1995, pp 51-102 View citations
See also Working Paper (1994)
1994
- Health and Safety Regulation
A chapter in American Economic Policy in the 1980s, 1994, pp 453-518
1986
- Market Incentives for Criminal Behavior
A chapter in The Black Youth Employment Crisis, 1986, pp 301-351 View citations
1985
- The Structure of Uncertainty and the Use of Nontransferable Pensions as a Mobility-Reduction Device
A chapter in Pensions, Labor, and Individual Choice, 1985, pp 223-252 View citations
Editor
- Journal of Risk and Uncertainty
Springer
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