Sensitivity (proportionality) of willingness to pay to (small) risk changes is often used as a criterion to test for … valid measures of economic preferences. In a contingent valuation (CV) study conducted in Austria, 1,005 respondents were … asked their willingness to pay (WTP) for preventing an increase in the risk of being killed in an avalanche of 1/42,500 and …

contingent valuation surveys that elicit the willingness to pay (WTP) for mortality risk reductions. We examine the importance of …

in levels of fatal risk. The paper contrasts VSL estimates from conventional analysis with the bounds obtained under this …

pollution regulations, however, are linked to reductions in the risk of dying for cancer, heart disease, and respiratory … higher when the risk reduction is delivered by a public program, and increases with the effectiveness rating assigned by the … respondent to public programs that address specific causes of death. The effectiveness of private risk-reducing behaviors is also …