CREECA Fall Lecture Series
"The Value of a Statistical Life in a Dictatorship"
Thursday, September 07, 2017
206 Ingraham Hall
Associate Professor of AAE Paul Dower asks, What is the value of a statistical life (VSL) in a dictatorship? We structurally estimate the trade-off between monetary costs and fatality risk in the Soviet Union under Stalin’s regime. His findings are the first explicit attempt to measure VSL in a dictatorship and are a novel contribution to the debate on autocracies versus democracies.