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Business, 23.03.2021 03:20 lover23707
Consider an air pollutant to which 300 million people are exposed. The current annual mortality risk from exposure to the pollution is 1 in 150,000. A policy to reduce emissions of the pollutant is expected to cut this risk in half to 1 in 300,000. A study reveals that the average willingness to pay for this mortality risk reduction is $20 per person per year. What is the implied value of a statistical life
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Consider an air pollutant to which 300 million people are exposed. The current annual mortality risk...
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