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Home > Business and Economics > Economics > Labour / income economics > Simulating Workplace Safety Policy: (6 Studies in Risk and Uncertainty)
Simulating Workplace Safety Policy: (6 Studies in Risk and Uncertainty)

Simulating Workplace Safety Policy: (6 Studies in Risk and Uncertainty)


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About the Book

This text uses numerical simulations to take an integrated quantitative look at how the various institutions influencing workplace safety lead to the observed levels of illnesses and injuries among US workers. It pieces together the mosaic of interactions among workers, employers, state government, and the federal government that is numerically realistic in the sense of using economists' current knowledge of quantitative linkages. The objective has been to map out how the US economic system determines employment patterns, wages and workplace safety levels.

Table of Contents:
1 Introduction.- Why OSHA Did Not Prevent the Tragic Fire.- U.S. Workplace Injuries and Illnesses.- Workplace Safety Programs in the United States.- Econometrically Studying Job Safety.- The Simulation Approach to Studying Job Safety.- Summary of Key Simulation Results.- Notes.- 2 The Economics of Workplace Safety.- Labor Market Equilibrium with Work-Related Health Hazards.- Workplace Safety Policy.- The Need for Numerical Simulation Research.- Conclusion.- Notes.- 3 The Simulation Model.- A Mathematical Description of Hedonic Labor Market Equilibrium.- Numerical Simulation Techniques.- Parameterizing the Simulation Model.- Initial Numerical Simulation Results.- Sensitivity Checks.- Calibrating the Simulation Model.- Conclusion.- Appendix 3A: Mathematical Derivation of the Continuous Model.- Appendix 3B: Structural Equations and Initial Parameter Values.- Notes.- 4 The Safety Policy System.- Numerical Simulation Details.- Numerical Simulation Results.- Two Possible Refinements in WC and OSHA.- Conclusion.- Appendix 4A: Structural Equations and Initial Parameter Values.- Notes.- 5 Asymmetric Information Problems in Workers’ Compensation Insurance.- Labor Market Equilibrium.- Numerical Simulation Details.- Numerical Simulation Results.- Conclusion.- Notes.- 6 Policy Implications.- OSHA During the 1970s Versus the 1980s.- Reforming OSHA.- Workers’ Compensation Insurance and Safety.- Reforming Workers’ Compensation.- Conclusion.- Notes.- References.


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Product Details
  • ISBN-13: 9780792395195
  • Publisher: Kluwer Academic Publishers
  • Publisher Imprint: Kluwer Academic Publishers
  • Height: 235 mm
  • No of Pages: 215
  • Returnable: Y
  • Width: 155 mm
  • ISBN-10: 0792395190
  • Publisher Date: 31 Dec 1994
  • Binding: Hardback
  • Language: English
  • Returnable: Y
  • Series Title: 6 Studies in Risk and Uncertainty


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