Deriving Indonesia's Value of Statistical Life

VSL is the monetary value placed by society on the reduced probability of death. It is essential in policy making as a reference point to balance the "additional risk reduction [with] costs" but estimates are limited to developed countries, with little to no studies on developing countries.

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Lara Wulandari

Student, University of Toronto

Hi! I am a Lester B. Pearson Scholar entering my third year in UofT Mississaugua's Financial Economics Program. Last year, I was the President of UTM's Residence Council, managing a team of 24 aimed at enhancing the residence experience for 1,500 students. I was a Professional Development Associate for IMI Business Association where I received the Rising Star Award. I aspire to one day conduct research and evaluate policies for international financial institutions.