Compensation Mechanisms for Job Risks
Wages, Workers' Compensation, and Product Liability
Bibliographic Data
| ID | 3350765 |
|---|---|
| Authors | James Chelius, James R Chelius, Mary Jane Moore (0000-0002-7853-5756), Michael J Moore (0000-0003-3074-6631), W Kip Viscusi (0000-0002-7931-7689) |
| Year | 1992 |
| Volume | 46 |
| Issue | 1 |
| Pages | 199 |
| Publication date | 1992-10-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Industrial and Labor Relations Review (JOURNAL) |
| Journal identifiers | ISSN: 0019-7939 • E-ISSN: 2162-271X |
| Publisher | JSTOR (PUBLISHER) |
| DOI | 10.2307/2524755 |
| OpenAlex | W1974555989 |
| Language | EN |
| Citations received | 14 |
In this major new work, Michael J. Moore and W. Kip Viscusi explore the question, How are workers compensated for exposing themselves to the risk of physical injury while on the job? The authors detail the diverse nature of labor market responses to job risks and the important role played by compensation-for-risk mechanisms. Following an overview of the literature, they present a number of unprecedented results. Comprehensive and systematic discussions of issues such as wage-risk tradeoffs, the effects of workers' compensation on wages and risk, the role of unions, and the role of product liability suits in job-related injuries make the volume an essential work for all those interested in risk policy and workplace safety. Among the major results presented for the first time are the first estimates of the value of life derived from recently released occupational fatality risk data from the National Traumatic Occupational Fatality Survey. From these same data the authors also demonstrate that higher workers' compensation benefit levels significantly reduce fatalities on the job--a finding that challenges virtually every other treatment of this topic.Originally published in 1990.The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These paperback editions preserve the original texts of these important books while presenting them in durable paperback editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905
Actuarial science · Business · Compensation (psychology) · Economics · Job security · Labour economics · Liability · Political science · Product (mathematics) · Product liability · Public relations · Wage · Work (physics) · Workers' compensation · Engineering · Law · Occupational Health and Safety Research · Psychology · Social Psychology
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A cost-benefit analysis of voluntary routine HIV-antibody testing for hospital patients
The effectiveness of regulatory disclosure policies
Institutional Change, Compensating Differentials, and Accident Risk in American Railroding, 1892–1945
Square Deal” or Raw Deal? Market Compensation for Workplace Disamenities, 1884–1903
A Dam Problem
Workers#x0027; Compensation Recipiency in Union and Nonunion Workplaces
Worker Learning and Compensating Differentials
Unions and Risk
Economic Analysis of Accident Law
Safety, Economics of
Full Disclosure
| Unique citing works | 14 |
|---|---|
| Citations per year | 0,38 |
| Citation span | 1989 - 2015 (27) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 2 |