The willingness to pay for mortality risk reductions a comparison of the United States and Canada

We present results for two contingent valuation surveys conducted in Hamilton, Canada and the US to elicit WTP for mortality risk reductions. We find similar Value of Statistical Life estimates across the two studies, ranging from USD 930,000 to USD 4,8 million (2000 US dollars). WTP increases with...

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Weitere Verfasser: Alberini, Anna (BerichterstatterIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: Munich Univ., Center for Economic Studies 2002
Schriftenreihe:CESifo working paper series Resources and environment 668
Schlagworte:
Gesundheit > Zahlungsbereitschaftsanalyse > Sterblichkeit > Vergleich > USA > Kanada > Arbeitspapier > Graue Literatur
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Zusammenfassung:We present results for two contingent valuation surveys conducted in Hamilton, Canada and the US to elicit WTP for mortality risk reductions. We find similar Value of Statistical Life estimates across the two studies, ranging from USD 930,000 to USD 4,8 million (2000 US dollars). WTP increases with risk reduction size, but varies little with respondent age: individuals aged over 70 years hold WTP values approximately one-third lower than other respondents. Respondent health status has limited effect on WTP. These results provide little or no evidence for adjusting VSL estimates used in policy analysis for the affected population's age for health status.
Beschreibung:Literaturverz. S. 32
Internetausg.: ftp://129.187.96.124/CESifo_WP/668.pdf
Beschreibung:32 S
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