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Is there a "dead-anyway" effect in willingness to pay for risk reduction

Breyer, Friedrich; Grabka, Markus M. - 2001

Persistent link: https://www.econbiz.de/10013436140

Is there a "dead-anyway" effect in willingness to pay for risk reduction?

Breyer, Friedrich; Grabka, Markus M. - 2001

In a recent paper, Pratt and Zeckhauser (JPE, 1996) discuss the measure of individuals' willingness to pay (WTP) for the reduction of risks to their lives which should be used for public decisions on risk-reducing projects. They suggest to correct observed WTP for the "dead-anyway" effect, which...

Persistent link: https://www.econbiz.de/10011434254

Dealing with incomplete household panel data in inequality research

Frick, Joachim R.; Grabka, Markus M.; Groh-Samberg, Olaf - 2010

household disposable income; there is also a further case of missingness confronting household panel surveys that potentially … appropriate correction. Using data from more than twenty waves of the German Socio-Economic Panel (SOEP) we evaluate four … data providers in the individual countries deal differently with PUNR in the underlying data. -- Household Panel Surveys …