Valuation of small and multiple health risks: A critical analysis of SP data applied to food and water safety

A-Tier
Journal: Journal of Environmental Economics and Management
Year: 2016
Volume: 75
Issue: C
Pages: 41-53

Score contribution per author:

1.341 = (α=2.01 / 3 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

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.

Technical Details

RePEc Handle
repec:eee:jeeman:v:75:y:2016:i:c:p:41-53
Journal Field
Environment
Author Count
3
Added to Database
2026-01-24