Project Title
ESTIMATING THE WILLINGNESS TO PAY FOR REDUCTIONS IN THE RISK OF DEATH: DO MULTISENSORY DIGITAL EXPERIENCES CONTRIBUTE TO EFFECTIVELY COMMUNICATE SMALL RISK PROBABILITIES?
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Internal ID
1210421
Principal Investigator
Start Date
2021
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Item type:Publication, Discrete-continuous models of residential energy demand: A comprehensive review(2024)14Scopus© Citations 4 - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Economic valuation of Harmful Algal Blooms (HAB): Methodological challenges, policy implications, and an empirical application(2024); ; Stefan GelcichScopus© Citations 16 4 - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Understanding the role of personal experiences and contextual variables in shaping risk reduction preferences(2023); 2 - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Out of sight, not out of mind: The effect of access to conservation sites on the willingness to pay for protecting endangered species(2024); ; Antonio Lara2 - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Assessing the incorporation of latent variables in the estimation of the value of a statistical life(2024); <jats:title>Abstract</jats:title><jats:p>For many years, the economic literature has recognized the role of attitudes, beliefs, and perceptions in estimating the value of a statistical life (VSL). However, few applications have attempted to include them. This article incorporates the perceived <jats:italic>controllability</jats:italic> and <jats:italic>concern</jats:italic> about traffic and cardiorespiratory risks to estimate VSL using a hybrid choice model (HCM). The HCM allows us to include unobserved heterogeneity and improve behavioral realism explicitly. Using data from a choice experiment conducted in Santiago, Chile, we estimate a VSL of US$3.78 million for traffic risks and US$2.06 million for cardiorespiratory risks. We found that higher controllability decreases the likelihood that the respondents would be willing to pay for risk reductions in both risks. On the other hand, concern about these risks decreases the willingness to pay for traffic risk reductions but increases it for cardiorespiratory risk reductions.</jats:p>2 - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Assessing the use of pseudo-panels to estimate the value of statistical life(2022); Scopus© Citations 5 6