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Age, Health, and the Willingness to Pay for Mortality Risk Reductions: A Contingent Valuation Survey of Ontario Residents AgEcon
Krupnick, Alan J.; Alberini, Anna; Cropper, Maureen L.; Simon, Nathalie B.; O'Brien, Bernie; Goeree, Ron; Heintzelman, Martin.
Much of the justification for environmental rulemaking rests on estimates of the benefits to society of reduced mortality rates. This research aims to fill gaps in the literature that estimates the value of a statistical life (VSL) by designing and implementing a contingent valuation study for persons 40 to 75 years of age, and eliciting WTP for reductions in current and future risks of death. Targeting this age range also allows us to examine the impact of age on WTP and, by asking respondents to complete a detailed health questionnaire, to examine the impact of health status on WTP. This survey was self-administered by computer to 930 persons in Hamilton, Ontario, in 1999. The survey uses audio and visual aids to communicate baseline risks of death and...
Tipo: Working or Discussion Paper Palavras-chave: Mortality risk valuation; Canada; Contingent valuation; Age; Health status; Risk and Uncertainty; I1; Q20; Q26.
Ano: 2000 URL: http://purl.umn.edu/10888
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