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This paper outlines a new framework for gauging the properties of quasi-experimental estimates of the willingness to pay (WTP) for changes in environmental and other non-market amenities. As a rule, quasi-experimental methods cannot offer alternative hypotheses to judge the quality of their...
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Recent research has documented a link between consumer risk preferences over health and the willingness to pay (WTP …) for medical technologies. However, the absence of empirical health risk preference estimates so far limits the … individual risk preference parameters over health-related quality of life (HRQoL) that shed light on health risk attitudes and …
Persistent link: https://www.econbiz.de/10014337758
between the environment and individual well-being. First, in explicitly recognizing how optimizing behavior, particularly in … focus of analysis beyond traditional health outcomes to include measures of human capital, including labor supply … importance of health and human capital as an engine for economic growth, these findings underscore the role of environmental …
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