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On the contingent valuation of mortality risk reduction in developing countries

[Zeitschriftenartikel]

Mahmud, Minhaj

Abstract

Using the contingent valuation method in developing countries to value mortality risk reduction is particularly challenging because of the low level of education of the respondents. In this paper we investigate whether some brief training regarding probability and risk concepts has any significant e... mehr

Using the contingent valuation method in developing countries to value mortality risk reduction is particularly challenging because of the low level of education of the respondents. In this paper we investigate whether some brief training regarding probability and risk concepts has any significant effect on the WTP responses. We elicit individuals’ risk perceptions by providing information on age specific mortality risks and find that people on average overestimate the mortality risk at younger ages and underestimate it at older ages. Our results indicate a significantly higher WTP for the trained sub-sample and WTP is sensitive to the magnitude of risk reduction for both the sub-samples.... weniger

Klassifikation
Bevölkerung
Gesundheitspolitik

Freie Schlagwörter
Bangladesh; contingent valuation; risk reduction; WTP; sensitivity to scope

Sprache Dokument
Englisch

Publikationsjahr
2009

Seitenangabe
S. 171-181

Zeitschriftentitel
Applied Economics, 41 (2009) 2

DOI
https://doi.org/10.1080/00036840600994252

Status
Postprint; begutachtet (peer reviewed)

Lizenz
PEER Licence Agreement (applicable only to documents from PEER project)


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© 2007 - 2025 Social Science Open Access Repository (SSOAR).
Based on DSpace, Copyright (c) 2002-2022, DuraSpace. All rights reserved.