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Replication data for: New Estimates of the Value of a Statistical Life Using Air Bag Regulations as a Quasi-experiment

Version
V0
Resource Type
Dataset
Creator
  • Rohlfs, Chris
  • Sullivan, Ryan
  • Kniesner, Thomas
Publication Date
2015-02-01
Description
  • Abstract

    Due to federal regulations, automobile air bag availability was a model-specific discontinuous function of model year for used vehicles in the 1990s and early 2000s. We use the discontinuities and the gradual increase in the supply of air bags to trace out the demand curve for air bags and the implied distribution of the Value of a Statistical Life (VSL) across consumers. Although imprecise, our preferred point estimates indicate that the median VSL is between $9 million and $11 million and that a sizable portion of consumers placed negative values on air bags, probably due to distrust of the technology. (JEL D12, J17, L51, L62)
Availability
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Relations
  • Is supplement to
    DOI: 10.1257/pol.20110309 (Text)
Publications
  • Rohlfs, Chris, Ryan Sullivan, and Thomas Kniesner. “New Estimates of the Value of a Statistical Life Using Air Bag Regulations as a Quasi-Experiment.” American Economic Journal: Economic Policy 7, no. 1 (February 2015): 331–59. https://doi.org/10.1257/pol.20110309.
    • ID: 10.1257/pol.20110309 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-13

Rohlfs, Chris; Sullivan, Ryan; Kniesner, Thomas (2015): Replication data for: New Estimates of the Value of a Statistical Life Using Air Bag Regulations as a Quasi-experiment. Version: V0. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E114549