oru.sePublications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Precautionary behavior and willingness to pay for a mortality risk reduction: searching for the expected relationship
Örebro University, Swedish Business School at Örebro University. (Nationalekonomi)ORCID iD: 0000-0003-1113-7478
2009 (English)In: Journal of Risk and Uncertainty, ISSN 0895-5646, E-ISSN 1573-0476, Vol. 39, no 1, p. 65-85Article in journal (Refereed) Published
Abstract [en]

This paper examines within-sample correlation between six different precautionary behaviors and stated willingness to pay for a mortality risk reduction. The paper also shows estimates of the value of a statistical life based on seat belt and bicycle helmet use as well as based on the stated willingness to pay for a risk reduction in traffic mortality. Contrary to the theoretical expectations, no correlation is found between precautionary behavior and stated willingness to pay. One major explanation is that females and the elderly take more precaution, but state a lower WTP for a risk reduction. The estimates of VSL from the different approaches are 11.0 million,11.0million,5.0 million and $2.8 million from stated WTP, bicycle helmet use and seat belt use, respectively.

Place, publisher, year, edition, pages
Springer Netherlands, 2009. Vol. 39, no 1, p. 65-85
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:oru:diva-7802DOI: 10.1007/s11166-009-9070-4ISI: 000268192000004Scopus ID: 2-s2.0-71549143489OAI: oai:DiVA.org:oru-7802DiVA, id: diva2:233811
Available from: 2009-09-02 Created: 2009-09-02 Last updated: 2017-12-13Bibliographically approved

Open Access in DiVA

No full text in DiVA

Other links

Publisher's full textScopus

Authority records BETA

Svensson, Mikael

Search in DiVA

By author/editor
Svensson, Mikael
By organisation
Swedish Business School at Örebro University
In the same journal
Journal of Risk and Uncertainty
Economics

Search outside of DiVA

GoogleGoogle Scholar

doi
urn-nbn

Altmetric score

doi
urn-nbn
Total: 284 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf