RT Journal Article
SR 00
ID 10.1016/j.jeem.2015.11.001
A1 Andersson, Henrik
A1 Hole, Arne Risa
A1 Svensson, Mikael
T1 Valuation of small and multiple health risks: A critical analysis of SP data applied to food and water safety
JF Journal of Environmental Economics and Management
YR 2016
FD 2016-01
VO vol. 75
SP 41
OP 53
K1 Choice experiments
K1 Morbidity risk
K1 Mortality risk
K1 Scope sensitivity
K1 Willingness to pay
AB 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
SN 0095-0696
LK https://publications.ut-capitole.fr/id/eprint/21691/
UL http://tse-fr.eu/pub/30454