Telser, Harry; Zweifel, Peter - Institut für Volkswirtschaftslehre, … - 2003
, its external validity in the health care domain has not been investigated until today. This paper examines the external … validity of DCE concerning the reduction of a health risk. Convergent validity is examined by comparing the value of a … statistical life with other preference elicitation techniques, such as revealed preference. Criterion validity is shown by …