Economics of Occupational Safety and Health

Economics of Occupational Safety and Health

AngličtinaMäkká väzbaTlač na objednávku
Ruser, John
now publishers Inc
EAN: 9781601983824
Tlač na objednávku
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Podrobné informácie

The Economics of Occupational Safety and Health examines occupational risks that influence the safety decisions of a firm including:
  • Wage premiums paid to attract workers to risky jobs.
  • Insurance payments to injured workers including sick leave and workers' compensation benefits
  • Premiums for workers' compensation insurance.
  • Government fines for safety violations and injury-related costs.
  • Loss of worker-specific job skills.

    • The book discusses the influence of government, focusing on the regulation of occupational risk through safety and health standards and the safety mandates of workers' compensation insurance systems. The authors find broad consensus in the literature that workers and firms respond to economic incentives in making safety decisions. Economic incentives play an important role in occupational risk prevention, but sometimes they have an adverse effect on safety.

      The Economics of Occupational Safety and Health reviews the theory of compensating differentials suggesting that wages increase with more job risk. The authors discuss incentives created by the workers' compensation insurance system both for workers and for firms. Next, this monograph discusses the modest impact of government safety inspections in North America. The authors conclude with some final observations on the impact of the business cycle and long-term effects on occupational health and safety.
EAN 9781601983824
ISBN 1601983824
Typ produktu Mäkká väzba
Vydavateľ now publishers Inc
Dátum vydania 28. augusta 2010
Stránky 68
Jazyk English
Rozmery 234 x 156 x 4
Krajina United States
Čitatelia General
Autori Butler, Richard; Ruser, John
Séria Foundations and Trends® in Microeconomics