Messer, Kent D.; Poe, Gregory L.; Schulze, William D. - In: Applied Economics 45 (2013) 9, pp. 1089-1097
In 1996, Johannesson <italic>et al</italic>. published a paper entitled ‘The Value of Private Safety versus the Value of Public Safety’. Based on the preliminary evidence from a hypothetical contingent valuation study for public and private safety, these authors argue that consumers behave as ‘pure...
