Hammitt, James; Liu, Jin-Tan - In: Journal of Risk and Uncertainty 28 (2004) 1, pp. 73-95
We evaluate the effects of disease type and latency on willingness to pay (WTP) to reduce environmental risks of chronic, degenerative disease. Using contingent-valuation data collected from approximately 1,200 respondents in Taiwan, we find that WTP declines with latency between exposure to...