Risky businessnuclear workers, ethics, and the market-efficiency argument

Ethics and the Environment 7 (1):1-23 (2002)
Abstract
Workers generally face higher levels of pollution and risk in their workplace than members of the public. Economists justify the double standard on the grounds of the compensating wage differential . The CWD, or hazard-pay premium, is the increment in wages, all things being equal, that workers in hazardous environments receive, as compared to other workers. Economists defend the CWD by asserting that workers willingly trade safety for extra money. This essay examines the theory behind the CWD, presents and evaluates economists' Market-Efficiency Argument for the CWD, offers several reasons for questioning the CWD, and applies the Market-Efficiency Argument to a real-world case, that of U. S. nuclear workers. The essay concludes that this argument fails to justify the CWD, at least in the case of U. S. nuclear workers
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DOI 10.2979/ETE.2002.7.1.1
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References found in this work BETA
Risk and Rationality.Kristin Shrader-Frechette - 1991 - University of California Press.

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Framing Ethical Acceptability: A Problem with Nuclear Waste in Canada.Ethan Wilding - 2012 - Science and Engineering Ethics 18 (2):301-313.

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