Alberini, Anna; Cropper, Maureen; Krupnick, Alan; … - In: Journal of Risk and Uncertainty 32 (2006) 3, pp. 231-245
Using results from two contingent valuation surveys conducted in Canada and the U.S., we explore the effect of a latency period on willingness to pay (WTP) for reduced mortality risk using a structural model. We find that delaying the time at which the risk reduction occurs by 10 to 30 years...