Centro de Documentacion de Fundación MAPFRE - Value of statistical life and cause of accident : a choice experiment

Notes: Sumario: The purpose of this study is to compare the valué of statistical life (VSL) estimates for traffic, drowning. and fire accidents. Using a choice experiment in a mail survey of 5.000 Swedish respondents authors estimated the willingness to pay for risk reductions in the three accidents. In the experiment respondents were asked a series of questions, whether they would choose risk reducing investments where type of accident, cost of the investment. the risk reduction acquired, and the baseline risk varied belween questions. The VSLs for fire and drowning accidents were found to be about 1/3 lower than that for traffic accidents. Although respondents worry more about traffic accidents, this alone cannot explain the difference in VSL estimates. The difference between fire and drowning accidents was not found to be statistically significant.Related records: En: Risk analysis : an international journal. - McLean, Virginia : Society for Risk Analysis, 1987-2015 = ISSN 0272-4332. - 01/06/2010 Tomo 30 Número 6 - 2010 , p. 975-986Materia / lugar / evento: Análisis de riesgos Causas de los accidentes Muestreos para encuestas Reducción de riesgos Suecia Otros autores: Carlsson, Fredrik
Daruvala, Dinky
Other categories: 7

Rights: In Copyright (InC)

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