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Titolo:
The value of a statistical life in transport: Findings from a new contingent valuation study in Sweden
Autore:
Persson, U; Norinder, A; Hjalte, K; Gralen, K;
Indirizzi:
Swedish Inst Hlth Econ, IHE, SE-22002 Lund, Sweden Swedish Inst Hlth EconLund Sweden SE-22002 , IHE, SE-22002 Lund, Sweden Lund Univ, Lund Inst Technol, Dept Technol & Soc, S-22100 Lund, Sweden Lund Univ Lund Sweden S-22100 , Dept Technol & Soc, S-22100 Lund, Sweden Lund Univ, Dept Econ, S-22100 Lund, Sweden Lund Univ Lund Sweden S-22100Lund Univ, Dept Econ, S-22100 Lund, Sweden
Titolo Testata:
JOURNAL OF RISK AND UNCERTAINTY
fascicolo: 2, volume: 23, anno: 2001,
pagine: 121 - 134
SICI:
0895-5646(200109)23:2<121:TVOASL>2.0.ZU;2-U
Fonte:
ISI
Lingua:
ENG
Soggetto:
CONSUMER VALUATIONS; RISKS; SAFETY; HEALTH;
Keywords:
contingent valuation; embedding; risk reduction; value of statistical life; willingness-to-pay;
Tipo documento:
Article
Natura:
Periodico
Settore Disciplinare:
Social & Behavioral Sciences
--discip_BC--
Citazioni:
22
Recensione:
Indirizzi per estratti:
Indirizzo: Persson, U Swedish Inst Hlth Econ, IHE, Box 2127, SE-22002 Lund, Sweden Swedish Inst Hlth Econ Box 2127 Lund Sweden SE-22002 d, Sweden
Citazione:
U. Persson et al., "The value of a statistical life in transport: Findings from a new contingent valuation study in Sweden", J RISK UNC, 23(2), 2001, pp. 121-134

Abstract

This article presents the results of a contingent valuation study from Sweden aimed at estimating the value of a statistical life (VOSL) in road traffic safety. Data on respondents' own subjective risk was collected by use of visual aids presented in a mail questionnaire. The relationship between willingness-to-pay (WTP) and absolute risk reduction was estimated by using a non-linear, least absolute deviation estimation method. This study generated an income-adjusted VOSL of SEK22.3 million (US$2.6 million). Analysis of WTP's sensitivity to probability variation indicates that in future studies, valuing risk reductions in road traffic, the magnitude of absolute riskand relative risk reductions to consider should be in perceptible range. On addition it should also be possible for respondents to compare the magnitudes of different risk reductions.

ASDD Area Sistemi Dipartimentali e Documentali, Università di Bologna, Catalogo delle riviste ed altri periodici
Documento generato il 05/07/20 alle ore 03:17:15