• xmlui.mirage2.page-structure.header.title
    • français
    • English
  • Help
  • Login
  • Language 
    • Français
    • English
View Item 
  •   BIRD Home
  • LEDa (UMR CNRS 8007, UMR IRD 260)
  • LEDa : Publications
  • View Item
  •   BIRD Home
  • LEDa (UMR CNRS 8007, UMR IRD 260)
  • LEDa : Publications
  • View Item
JavaScript is disabled for your browser. Some features of this site may not work without it.

Browse

BIRDResearch centres & CollectionsBy Issue DateAuthorsTitlesTypeThis CollectionBy Issue DateAuthorsTitlesType

My Account

LoginRegister

Statistics

Most Popular ItemsStatistics by CountryMost Popular Authors
Thumbnail - Request a copy

Valuing non-marginal changes in mortality and morbidity risk

Herrera Araujo, Daniel; Rheinberger, Christoph M.; Hammitt, James K (2022), Valuing non-marginal changes in mortality and morbidity risk, Journal of Health Economics, 84, p. 102627. 10.1016/j.jhealeco.2022.102627

Type
Article accepté pour publication ou publié
Date
2022
Journal name
Journal of Health Economics
Volume
84
Publisher
Elsevier
Pages
102627
Publication identifier
10.1016/j.jhealeco.2022.102627
Metadata
Show full item record
Author(s)
Herrera Araujo, Daniel
Laboratoire d'Economie de Dauphine [LEDa]
Paris Jourdan Sciences Economiques [PJSE]
Rheinberger, Christoph M.
Hammitt, James K
Abstract (EN)
Many stated-preference studies that seek to estimate the marginal willingness-to-pay (WTP) for reductions in mortality or morbidity risk suffer from inadequate scope sensitivity. One possible reason is that the risk reductions presented to respondents are too small to be meaningful. Survey responses may thus not accurately reflect respondents preferences for health and safety. In this paper we propose a novel approach to estimating the value per statistical life (VSL) or the value per statistical case (VSC) based on larger risk reductions measurable as percent changes. While such non-marginal risk reductions are easier to understand, they introduce well known biases. We propose a methodology to de-bias VSL and VSC estimates derived from the evaluation of non-marginal risk reductions and present a proof of concept using simulated stated preference data.
Subjects / Keywords
Value per statistical life; Value per statistical case; Non-marginal risks reductions; Scope sensitivity
JEL
D10 - General
D81 - Criteria for Decision-Making under Risk and Uncertainty
I10 - General
Q51 - Valuation of Environmental Effects

Related items

Showing items related by title and author.

  • Thumbnail
    Theoretical bounds on the value of improved health 
    Herrera Araujo, Daniel; Hammitt, James K.; Rheinberger, Christoph M. (2020) Article accepté pour publication ou publié
  • Thumbnail
    Competition between Public and Private Maternity Care Providers in France: Evidence on Market Segmentation 
    Herrera Araujo, Daniel; Rochaix, Lise (2020) Article accepté pour publication ou publié
  • Thumbnail
    Placing a monetary value on the human health component of zoonotic diseases- A methodological note with an application to cysticercosis in Africa 
    Herrera Araujo, Daniel; Mikecz, O.; PicaCiamarra, U. (2020) Article accepté pour publication ou publié
  • Thumbnail
    Does the Value per Statistical Life vary with age or baseline health? Evidence from a compensating wage study in France 
    Herrera Araujo, Daniel; Rochaix, Lise (2020-09) Article accepté pour publication ou publié
  • Thumbnail
    Multiproduct retailing and consumer shopping behavior: The role of shopping costs 
    Florez-Acosta, Jorge; Herrera Araujo, Daniel (2020-01) Article accepté pour publication ou publié
Dauphine PSL Bibliothèque logo
Place du Maréchal de Lattre de Tassigny 75775 Paris Cedex 16
Phone: 01 44 05 40 94
Contact
Dauphine PSL logoEQUIS logoCreative Commons logo