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Alberini, Anna; Rheinberger, Christoph M.; Leiter, Andrea M.; McCormick, Charles A.; Mizrahi, Andrew. |
What is the value of hazardous weather warnings? To answer this question, we focus on the avalanche bulletin for Switzerland issued by the WSL Institute for Snow and Avalanche Research (SLF). We take a survey-based, non-market valuation approach to estimating the value of hypothetical improvements in avalanche forecasting. We focus on backcountry skiers because (i) safety is arguably the most important type of benefit associated with the avalanche bulletin, (ii) they voluntarily undertake risks, and (iii) they perceive themselves and are generally perceived by others as skilled in avoiding risks. The respondents’ willingness to pay (WTP) for the improved services ranges between CHF 42 to 46, implying a mean value of statistical life (VSL) of CHF 1.75... |
Tipo: Working or Discussion Paper |
Palavras-chave: Avalanche Risk; Mortality; Value of Hazardous Weather Forecasts; Contingent Valuation; Value of a Statistical Life; Research Methods/ Statistical Methods; D81; J17; Q26. |
Ano: 2010 |
URL: http://purl.umn.edu/92712 |
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