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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 says that WTP increases with the level of risk to which the … satisfaction and exposure to risk of dying. Application of the test using two sets of survey data from Germany and Australia …
Persistent link: https://www.econbiz.de/10011434254
In the expected-utility theory of the monetary value of a statistical life, the so-called "dead-anyway" effect … risk increases with the initial level of risk. Their reasoning is based on differences in the marginal utility of wealth …: first, for a risk-averse individual without a bequest motive, marginal WTP for survival does increase with the level of risk …
Persistent link: https://www.econbiz.de/10011436874
In the expected-utility theory of the monetary value of a statistical life, the so-called dead-anyway effect discovered … risk increases with the initial level of risk. Their reasoning is based on differences in the marginal utility of wealth …: first, for a risk-averse individual without a bequest motive, marginal WTP for survival does increase with the level of risk …
Persistent link: https://www.econbiz.de/10011514002
Persistent link: https://www.econbiz.de/10001704949
In the expected-utility theory of the monetary value of a statistical life, the so-called "dead-anyway" effect … risk increases with the initial level of risk. Their reasoning is based on differences in the marginal utility of wealth …: first, for a risk-averse individual without a bequest motive, marginal WTP for survival does increase with the level of risk …
Persistent link: https://www.econbiz.de/10001720546
In the expected-utility theory of the monetary value of a statistical life, the so-called "dead-anyway" effect … risk increases with the initial level of risk. Their reasoning is based on differences in the marginal utility of wealth …: First, for a risk-averse individual without a bequest motive, marginal WTP for survival does increase with the level of risk …
Persistent link: https://www.econbiz.de/10013320340
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 says that WTP increases with the level of risk to which the … satisfaction and exposure to risk of dying. Application of the test using two sets of survey data from Germany and Australia …
Persistent link: https://www.econbiz.de/10014122387
Persistent link: https://www.econbiz.de/10013436140
Persistent link: https://www.econbiz.de/10013436254
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 says that WTP increases with the level of risk to which the … satisfaction and exposure to risk of dying. Application of the test using two sets of survey data from Germany and Australia …
Persistent link: https://www.econbiz.de/10010324222