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The willingness to accept value of statistical life relative to the willingness to pay value : evidence and policy implications
Guria, Jagadish Chandra; Leung, Joanne; Jones-Lee, … - In: Environmental & resource economics : the official … 32 (2005) 1, pp. 113-127
Persistent link: https://www.econbiz.de/10003105273
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The Willingness to Accept Value of Statistical Life Relative to the Willingness to Pay Value: Evidence and Policy Implications
Guria, Jagadish; Leung, Joanne; Jones-Lee, Michael; … - In: Environmental & Resource Economics 32 (2005) 1, pp. 113-127
Large disparities between willingness to accept (WTA) and willingness to pay (WTP) based values of statistical life are commonly encountered in empirical studies. Standard economic theory suggests that if a public good is easily substitutable there should be no marked disparity between WTA and...
Persistent link: https://www.econbiz.de/10005684460
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The Willingness to Accept Value of Statistical Life Relative to the Willingness to Pay Value: Evidence and Policy Implications
Guria, Jagadish; Leung, Joanne; Jones-Lee, Michael; … - In: Environmental & resource economics 32 (2005) 1, pp. 113-128
Persistent link: https://www.econbiz.de/10007640122