To show the maximum impact of the age adjustment, the Alternative Estimate is based on the Jones-Lee (1989) adjustment factor of 0.63, which yields a VSL of $2.
There is no way to estimate the impact that age will have on the VSL.
mnli hypothesis: There is no way to estimate the impact that age will have on the VSL. premise: To show the maximum impact of the age adjustment, the Alternative Estimate is based on the Jones-Lee (1989) adjustment factor of 0.63, which yields a VSL of $2.