| China has won worldwide recognition for its dramatic increase in economy and continuous achievement in social progression since the carrying of opening and reformation policy. Nevertheless, China is still in the course of industrializing. Due to the distempered law and system construction and the sole pursuit in economical efficiency in process of production, social efficiency which relating to life security and environment protection has been greatly neglected. All of above carried us is frequent security accidents and severe pollution, the number of people from fatal accidents was rising continuously. With the number of death rising, it calls for a strict compensation standard for death. For example the State Production Safety Supervision and Management Office prescribes each of the accident victims compensation standards should not be less than 200,000 yuan. But a lot of facts show that, even died in the same accident, different people can get different compensation, such as, in recent years the frequent occurrence of coal mine accidents, each victim actually got compensation is different from others. For a long time, the victim who died in Shanxi coal mine accident got compensation is between 30,000 yuan and 80,000 yuan. Because the compensation that everyone got is on the base of his value of statistical life, so we can say that they have different value of statistical life. This paper through the study of seniorities got the factors which affect the value of statistical life is very much, such as age, income, occupation and so on. But considering the number of bequest which fathers give their children is great, form is various, besides the study of bequest is correspondingly rare, we only find it in the paper of Chang(1991), so we use WTP method to study if bequest can affect the value of statistical life and how to affect it. Ultimately educe the purpose of this paper: bequest how to affect the compensation.The title of the thesis is "Bequest and compensation—on the base of value of statistical life". The implication of life stated in the thesis refers to human life; the connotation of life to be presented in the thesis indicates the value in economics, i.e. value of statistical life. This paper studied is in market economy, when life suffer to injure it will involve the question of life insurance and accident compensation, here we need a price of one life(this paper we do not consider the value of statistical life of a natural death).This paper through design model to study bequest how to affect consumption first, then use WTP method to study bequest how to affect the value of statistical life. Then we can get: When g_t > b_t ,that is parents got estovers is more than they gave their children's bequest, on the grounds that parents got from their children more than they gave their children, so their total consumption level will increase, under WTP =γC_总we will get the numerical value of WTP will increase, then their value of statistical life will increase. Parents consider this kind of bequest from themselves totally, namely it belong to politic bequest motivation, i.e. their aim of giving their children bequest is to get more; When ,that is the number of bequest that children got is more than they gave their parents, on the grounds that children can get net bequest, namely they can get more than they give, so children's consumption will increase, under WTP =γC_总the numerical value of WTP will increase, accordingly children's value of statistical life will be higher than that they can not get bequest. Parents consider this kind of bequest from their children totally, namely altruistic bequest motivation.From the results of the above inferences we can draw the conclusions of this paper: If an individual from fathers foresee their lives will soon face a certain degree of death risk, and he thinks when he gives bequest to their children then he can get from their children more than the number that he gives (which may be the children's standard of living higher than that of the father), that is g_t>b_t, then he can increase their accident compensation for the death through the number of bequest. And when he foresees that the living conditions or the working environment of their children will bring about a certain probability of mortality risk, they can through purely altruistic motives heritage, that is g_t |
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