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How Do Legislators Value Constituent’s (Statistical) Lives? COVID-19, Partisanship, and Value of a Statistical Life Analysis

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  • Landgrave, Michelangelo Geovanny

    (University of Colorado - Boulder)

Abstract

Value of statistical life (VSL) analysis is common place in policy circles to evaluate the effectiveness of policy. As I show using a novel survey experiment with United States' state legislators, actual use of VSL analysis faces several problems. Firstly, policy preferences are inelastic, unchanging, regardless of the cost. Secondly, policy preferences are determined in large by actors' party ID. This means that VSL analysis, in practice, will either encourage policies that are too risky to too risk adverse.

Suggested Citation

  • Landgrave, Michelangelo Geovanny, 2020. "How Do Legislators Value Constituent’s (Statistical) Lives? COVID-19, Partisanship, and Value of a Statistical Life Analysis," SocArXiv n93w2_v1, Center for Open Science.
    • Handle: RePEc:osf:socarx:n93w2_v1
    DOI: 10.31219/osf.io/n93w2_v1
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