Exploring heterogeneity in the value of a statistical life: Cause of death v. risk perceptions
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11690%2F13%3A10209963" target="_blank" >RIV/00216208:11690/13:10209963 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.1016/j.ecolecon.2013.07.012" target="_blank" >http://dx.doi.org/10.1016/j.ecolecon.2013.07.012</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.ecolecon.2013.07.012" target="_blank" >10.1016/j.ecolecon.2013.07.012</a>
Alternative languages
Result language
angličtina
Original language name
Exploring heterogeneity in the value of a statistical life: Cause of death v. risk perceptions
Original language description
Preference for reducing risks can be affected by individual-assessed risk attributes that are rarely controlled in valuation studies. This paper explores reasons for differences in preferences for mortality risk reductions (if any), and establishes the magnitude of the effects of such risk attributes as compared to other sources of Value of a Statistical Life (VSL) heterogeneity. In our conjoint choice experiments, cause of death, the size of the risk reduction, and latency, the "price" of the risk reduction and the mode of delivery of the risk reduction are explicit attributes of the alternatives to be examined by the respondent. Our statistical models also control for actual and perceived exposure to risks, initial risks, risk attributes such as dread, and sensitivity to and controllability of specific risks. We find that there is significant heterogeneity in the valuation of mortality risks and thus in the VSL. The VSL increases with dread, exposure to risk, and the respondents' ass
Czech name
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Czech description
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Classification
Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2013
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Ecological Economics
ISSN
0921-8009
e-ISSN
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Volume of the periodical
94
Issue of the periodical within the volume
October 2013
Country of publishing house
NL - THE KINGDOM OF THE NETHERLANDS
Number of pages
13
Pages from-to
143-155
UT code for WoS article
000325588500016
EID of the result in the Scopus database
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