Environmental Economics

Monetary Valuation of Human Mortality Risks in Cost-Benefit Analyses of Environmental Programs: Background Paper and Bibliography

The purpose of this paper is to describe the U.S. Environmental Protection Agency’s (EPA) current practice regarding the monetary valuation of human mortality risks in cost-benefit analyses of environmental programs, and to assess whether and how current practice might be improved in light of recent theoretical and empirical economics literature. Prepared as a background literature survey, this "white paper" played an important role in preparing related portions of the Guidelines for Preparing Economic Analyses for the Environmental Protection Agency. As such, it contains more detail and more in-depth analyses of the major issues than do the Guidelines.

  • Keywords

    1. Benefits Analysis
    1. Benefits Analysis - Valuation
    1. Benefits Analysis - Valuation - Revealed Preference
    1. Benefits Analysis - Valuation - Revealed Preference - Wage Differential
    Environmental Media:
    f. Multimedia
    Chestnut, Lorraine G.
    Mills, David
    Alberini, Anna
    EPA Project Officer/ Manager:
    Gillis, Thomas
    Geographic Area:
    Study Purpose:
    Methodology Guidelines
    Report Series:
    White paper for EPA Guidelines for Preparing Economic Analyses
    Inventory Record #: EE-0437A
    List of all reports in the Series:
  • Participating Organizations

    Research Organization:

    Haigler Bailly Services, Inc.Address: P.O. Drawer O
    City: Boulder State: CO ZIP: 80309
    Phone: Fax:
    Funding Organization:
    Environmental Protection Agency, Office of Policy, Planning and EvaluationAddress:
    City: State: ZIP:
    Phone: Fax:
  • Report Details
    Number of Pages:
    Grant/Contract #:
    68-W6-0055, Work Assignment No. 9
  • How to Obtain Report

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    Date Linked: 05/28/2009