Clayton J Masterman
Biographic Data
| ID | 6891770 |
|---|---|
| NAME | Clayton J Masterman |
| GIVEN NAMES | Clayton J |
| FAMILY NAME | Masterman |
| SIGNATURE | MASTERMAN C J |
| AFFILIATIONS | Vanderbilt University |
| VERIFIED | No |
| TOTAL WORKS | 5 |
| TOTAL CITATIONS | 40 |
| WORKS AS AUTHOR | 5 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 1964 |
| LATEST PUBLICATION YEAR | 2025 |
| H-INDEX | 3 |
Valuing Heat-Related Mortality Risks
Heat-related mortality risks are a substantial component of the looming costs of climate change in the United States and globally. This article presents the results from a risk-risk survey to test whether U.S. respondents place a valuation premium on mortality risks from heat relative to cancer and transportation risks. The questionnaire exploits exogenous shocks to temperatures during a heat wave and randomized elements to further test whether p…
Publication Selection Biases in Stated Preference Estimates of the Value of a Statistical Life
This article presents the first meta-analysis documenting the extent of publication selection biases in stated preference estimates of the value of a statistical life (VSL). Stated preference studies fail to overcome the publication biases that affect much of the VSL literature. Such biases account for approximately 90% of the mean value of published VSL estimates in this subset of the literature. The bias is greatest for the largest estimates, p…
The Income Elasticity of Global Values of a Statistical Life
Examination of estimates of the income elasticity of the value of a statistical life based on international stated preference studies yields an average between 0.94 and 1.05 overall and 0.65 and 0.80 after controlling for covariates. Quantile regression estimates indicate that the income elasticity is about 0.55 for more affluent countries and 1.0 for lower income nations, i.e., those countries that have estimates of the value of a statistical li…
Income Elasticities and Global Values of a Statistical Life
Countries throughout the world use estimates of the value of a statistical life (VSL) to monetize fatality risks in benefit-cost analyses. However, the vast majority of countries lack reliable revealed preference or stated preference estimates of the VSL. This article proposes that the best way to calculate a population-average VSL for countries with insufficient or unreliable data is to transfer a base VSL from the United States calculated using…
The Effect of the “Donkey Vote” on the House of Representatives
Income Elasticities and Global Values of a Statistical Life
Countries throughout the world use estimates of the value of a statistical life (VSL) to monetize fatality risks in benefit-cost analyses. However, the vast majority of countries lack reliable revealed preference or stated preference estimates of the VSL. This article proposes that the best way to calculate a population-average VSL for countries with insufficient or unreliable data is to transfer a base VSL from the United States calculated using…
Publication Selection Biases in Stated Preference Estimates of the Value of a Statistical Life
This article presents the first meta-analysis documenting the extent of publication selection biases in stated preference estimates of the value of a statistical life (VSL). Stated preference studies fail to overcome the publication biases that affect much of the VSL literature. Such biases account for approximately 90% of the mean value of published VSL estimates in this subset of the literature. The bias is greatest for the largest estimates, p…
The Income Elasticity of Global Values of a Statistical Life
Examination of estimates of the income elasticity of the value of a statistical life based on international stated preference studies yields an average between 0.94 and 1.05 overall and 0.65 and 0.80 after controlling for covariates. Quantile regression estimates indicate that the income elasticity is about 0.55 for more affluent countries and 1.0 for lower income nations, i.e., those countries that have estimates of the value of a statistical li…
The Effect of the “Donkey Vote” on the House of Representatives
Income Elasticities and Global Values of a Statistical Life
Countries throughout the world use estimates of the value of a statistical life (VSL) to monetize fatality risks in benefit-cost analyses. However, the vast majority of countries lack reliable revealed preference or stated preference estimates of the VSL. This article proposes that the best way to calculate a population-average VSL for countries with insufficient or unreliable data is to transfer a base VSL from the United States calculated using…
The Income Elasticity of Global Values of a Statistical Life
Examination of estimates of the income elasticity of the value of a statistical life based on international stated preference studies yields an average between 0.94 and 1.05 overall and 0.65 and 0.80 after controlling for covariates. Quantile regression estimates indicate that the income elasticity is about 0.55 for more affluent countries and 1.0 for lower income nations, i.e., those countries that have estimates of the value of a statistical li…
Publication Selection Biases in Stated Preference Estimates of the Value of a Statistical Life
This article presents the first meta-analysis documenting the extent of publication selection biases in stated preference estimates of the value of a statistical life (VSL). Stated preference studies fail to overcome the publication biases that affect much of the VSL literature. Such biases account for approximately 90% of the mean value of published VSL estimates in this subset of the literature. The bias is greatest for the largest estimates, p…
Valuing Heat-Related Mortality Risks
Heat-related mortality risks are a substantial component of the looming costs of climate change in the United States and globally. This article presents the results from a risk-risk survey to test whether U.S. respondents place a valuation premium on mortality risks from heat relative to cancer and transportation risks. The questionnaire exploits exogenous shocks to temperatures during a heat wave and randomized elements to further test whether p…
Demography (3 works) · Demography (3 works) · Econometrics (3 works) · Economic and Environmental Valuation (3 works) · Economics (3 works) · Computer Science (2 works) · Global Health Care Issues (2 works) · Health Systems, Economic Evaluations, Quality of Life (2 works) · Income elasticity of demand (2 works) · Mathematics (2 works)