Date Thesis Awarded


Access Type

Honors Thesis -- Access Restricted On-Campus Only

Degree Name

Bachelors of Arts (BA)




Tatyana Kuzmenko

Committee Members

Jennifer Mellor

Joel Schwartz


The Value of Statistical Life (VSL) is used in policy analysis to calculate the benefit of risk-reducing policy initiatives. College students are currently overlooked in the literature, for no college student-specific VSL estimate exists. In this study, I discuss why VSL estimates for the general population cannot be applied to college students. I also derive a college student-specific VSL using a willingness-to-pay survey. I found that payment vehicle has a large impact on students’ willingness-to-pay for risk reduction, and college student VSLs are substantially lower than those of the general population.

On-Campus Access Only