Titre : | PREMATURE MORTALITY IN A GENERAL EQUILIBRIUM MODEL OF AIR POLLUTION CONTROL (1993) |
Auteurs : | R.E. KOHN |
Type de document : | Article |
Dans : | Socio-economic planning sciences (vol. 27, n° 1, 1993) |
Pagination : | 1-8 (8p.) |
Langues: | Anglais |
Mots-clés : | Etat santé ; Pollution atmosphérique ; Mortalité ; Modèle |
Résumé : | A general equilibrium model is developed in which production of a good generates toxic pollution that imposes the risk of premature mortality. This risk is reduced to an optimal level by a Pigouvian tax that causes consumers to demand less of the polluting good. Whereas the value of human life on which courtroom decisions are commonly made is one of lost output, in this model the value of human life includes both a lost output component and a psychological willingness to pay component. Because the dose-response curve for pollution is S shaped and because the disparity between the ex ante statistical value of human life and the ex post certainty value is likely to be large, the model has special implications for Pigouvian taxation. (R.A.) |