Yaduma, Natina; Kortelainen, Mika; Wossink, Ada - In: Environmental & Resource Economics 54 (2013) 3, pp. 361-387
The value of statistical life is an essential parameter used in ascribing monetary values to the mortality costs of air pollution in health risk analyses. However, this willingness to pay estimate is virtually non-existent for most developing countries. In the absence of local estimates, two...