Author of *The Social Cost of Carbon* (OUP 2025) | Faculty @UWMadison, posting in personal capacity
Likes: Boston Celtics ☘️, bouldering, ebikes, funding public ed.
paulkelleher.net
And yes, that is precisely how a utilitarian would do it. In that case VSL is just the certainty equivalent (in terms of present consumption) of the change in expected wb from a change in mortality risk.
And yes, that is precisely how a utilitarian would do it. In that case VSL is just the certainty equivalent (in terms of present consumption) of the change in expected wb from a change in mortality risk.
A father heads upstairs to read to his kid before bed, and the kid says:
A father heads upstairs to read to his kid before bed, and the kid says:
(a fave pic from 2019)
(a fave pic from 2019)