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Publications: Workshop Proceedings: Economic Valuation of Mortality Risk Reduction: Assessing the State of the Art for Policy Applications

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November 6 - 7, 2001

"Economic Valuation of Mortality Risk Reduction: Assessing the State of the Art for Policy Applications" was held November 6 and 7, 2001 at the Silver Spring Holiday Inn in Silver Spring, Maryland.

This two-day workshop co-sponsored by EPA's National Center for Environmental Economics and National Center for Environmental Research was dedicated to exploring methods for valuing mortality risk reductions. The six sessions - "Current Approaches to Valuing Mortality Risks and Their Limitations," "The Search for Improved VSL Estimates for Use in Policy Analyses," "International Perspectives on Valuing Mortality Risk for Policy ," "Risk Characteristics, " "Population Characteristics," and "Research Frontiers" - presented current economic research and policy discussions concerning each topic.
Proceedings

  Day 1
  1. Registration and Coffee
8:00-8:30
  2. Opening Remarks
8:30-8:45
Presenter: Tom Gibson, Associate Administrator, US EPA, OPEI
  3. A Review of Current Approaches to Valuing Mortality Risks
8:45-9:00 The Use of Valuation Estimates at US EPA
Presenter: Brett Snyder, US EPA, NCEE
9:00-9:30 Some Problems in the Identification of the Price of Risk
Presenter: Dan Black, Syracuse University
9:30-10:00 Willingness to Pay for Mortality Risk Reductions: A Re-examination of the Stated Preference Literature
Presenter: Anna Alberini, University of Maryland
10:00-10:30 A Review and Assessment of the Literature on Estimating Values of Mortality Risk Changes from Averting Behavior
Presenter: Glenn Blomquist, University of Kentucky
10:30-10:45 Break
10:45-11:05 Discussant
Presenter: Bryan Hubbell, US EPA, OAQPS
11:05-11:25 Discussant
Presenter: TBD
Presenter: Ted Miller, Pacific Institute for Research and Evaluation
11:25-12:00 General Discussion and Q&A
  4. Lunch
12:00-1:30
  5. Panel Discussion: International Perspectives on Valuing Mortality Risk for Policy
1:30-2:15 Panelists
2:15-2:45 General Discussion and Q&A
  6. Break
2:45-3:00
  7. The Search for Improved Mortality Risk Estimates for Use in Policy Analyses
3:00-3:30 A Meta Analysis of the VSL for Environmental Policy Analysis
Presenter: Kochi Ikuhu, Duke University
3:30-4:00 Valuing Changes in Fatal Risk: A Meta-Analysis of VSL Studies
Presenter: Jim Neumann, Industrial Economics
4:00-4:15 Discussant
Presenter: David Widawsky, US EPA, OPP
4:15-4:30 Discussant
Presenter: Reed Johnson, Research Triangle Institute
4:30-5:00 General Discussion and Q&A
  Day 2
  8. Registration and Coffee
7:45-8:15
  9. Risk Characteristics
8:15-8:45 Preferences for Environmental Outcomes: Consistent with Discounting Models or Not?
Presenter: Robin Keller, University of California, Irvine
8:45-9:15 Understanding Multiple Discount Rates: The Context Dependence of Time Preferences
Presenter: Robin Gregory, Decision Research and University of British Columbia
9:15-9:45 Parents' Valuation of Latent Health Risks to Their Children
Presenter: Mark Dickie, University of Central Florida
9:45-10:15 Implications of Risk an Population Characteristics for the VSL Results from US and Canada Samples
Presenter: Alan Krupnick, Resources for the Future
10:15-10:30 Break
10:30-10:50 Discussant
Presenter: Chris Dockins, US EPA, NCEE
10:50-11:10 Discussant
Presenter: Ted Gayer, Georgetown University
  Lunch
11:45-12:45
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  Population Characteristics

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