TY  - JOUR
ID  - publications21691
UR  - http://tse-fr.eu/pub/30454
A1  - Andersson, Henrik
A1  - Hole, Arne Risa
A1  - Svensson, Mikael
Y1  - 2016/01//
N2  - 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.
PB  - Elsevier
JF  - Journal of Environmental Economics and Management
VL  - vol. 75
KW  - Choice experiments
KW  - Morbidity risk
KW  - Mortality risk
KW  - Scope sensitivity
KW  - Willingness to pay
SN  - 0095-0696
TI  - Valuation of small and multiple health risks: A critical analysis of SP data applied to food and water safety
SP  - 41
AV  - public
EP  - 53
ER  -