Download full text
(1.319Mb)
Citation Suggestion
Please use the following Persistent Identifier (PID) to cite this document:
https://nbn-resolving.org/urn:nbn:de:0168-ssoar-241205
Exports for your reference manager
On the contingent valuation of mortality risk reduction in developing countries
[journal article]
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... view more
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.... view less
Classification
Population Studies, Sociology of Population
Health Policy
Free Keywords
Bangladesh; contingent valuation; risk reduction; WTP; sensitivity to scope
Document language
English
Publication Year
2009
Page/Pages
p. 171-181
Journal
Applied Economics, 41 (2009) 2
DOI
https://doi.org/10.1080/00036840600994252
Status
Postprint; peer reviewed
Licence
PEER Licence Agreement (applicable only to documents from PEER project)