Exploring heterogeneity in the value of a statistical life: Cause of death v. risk perceptions

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

Exploring heterogeneity in the value of a statistical life: Cause of death v. risk perceptions

Popis výsledku v původním jazyce

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

Název v anglickém jazyce

Exploring heterogeneity in the value of a statistical life: Cause of death v. risk perceptions

Popis výsledku anglicky

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

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2013

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Ecological Economics

ISSN

0921-8009

e-ISSN

—

Svazek periodika

94

Číslo periodika v rámci svazku

October 2013

Stát vydavatele periodika

NL - Nizozemsko

Počet stran výsledku

13

Strana od-do

143-155

Kód UT WoS článku

000325588500016

EID výsledku v databázi Scopus

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