|
|||||
|
|
Valuation of small and multiple health risks: A critical analysis of SP data applied to food and water safety |
|
| Affiliation: | 1. Toulouse School of Economics (LERNA, UT1C, CNRS), 21 Allée de Brienne, 31015 Toulouse Cedex 6, France;2. University of Sheffield, United Kingdom;3. Karlstad University, Sweden;4. Health Metrics, The Sahlgrenska Academy, University of Gothenburg, Sweden;1. School of Economics, The University of Queensland, Brisbane 4072, Australia;2. Institute for Environmental Decisions, ETH Zürich 8092, Switzerland;1. Toulouse School of Economics, University of Toulouse Capitole, Toulouse, France;2. Institute of Transport Economics (TØI), Oslo, Norway |
| Abstract: | This study elicits individual risk preferences in the context of an infectious disease using choice experiments. A main objective is to examine scope sensitivity using a novel approach. Our results suggest that the value of a mortality risk reduction (VSL) is highly sensitive to the survey design. Our results cast doubt on the standard scope sensitivity tests in choice experiments, but also on the validity and reliability of VSL estimates based on stated-preference studies in general. This is important due to the large empirical literature on non-market evaluation and the elicited values’ central role in policy making. |
| Keywords: | Choice experiments Morbidity risk Mortality risk Scope sensitivity Time preferences Willingness to pay |
| 本文献已被 ScienceDirect 等数据库收录！ | |