Search for dissertations about: "hypothetical WTP"
Showing result 1 - 5 of 6 swedish dissertations containing the words hypothetical WTP.
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1. What is a life worth? : methodological issues in estimating the value of a statistical life
Abstract : This thesis addresses methodological issues in estimating the value of a statistical life (VSL). Two main approaches have been used to estimate the VSL, the indirect and direct methods; the indirect method is based on revealed preferences, such as the wage premium demanded for a risky job. READ MORE
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2. The Demand for Health and the Contingent Valuation Method
Abstract : The theoretical part develops Michael Grossman’s dynamic demand-for-health model by (a) letting the depreciation rate depend upon the level of health, (b) allowing a continuous set of health states, (c) introducing uncertainty (by letting health be a stochastic variable), (d) introducing social and private insurance and (e) releasing the assumption of an isoperimetric budget constraint. Beside the theoretical results, there are also results with important policy implications. READ MORE
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3. Valuation and pricing of traffic safety
Abstract : This thesis consists of six essays covering the topic of valuation and pricing of accidents. In the first essay a theory of the external marginal cost of accidents is presented. The external cost is dependent on the value of statistical life, the proportion internal cost and the so called risk elasticity, i.e. READ MORE
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4. Economic evaluation, value of life, stated preference methodology and determinants of risks
Abstract : The first paper examines the value of a statistical life (VSL) for out-of-hospital cardiac arrest (OHCA) victims. We found VSL values to be higher for OHCA victims than for people who die in road traffic accidents and a lower-bound estimate of VSL for OHCA would be in the range of 20 to 30 million Swedish crowns (SEK). READ MORE
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5. Valuing Reductions in the Risk of Traffic Accidents Based on Empirical Studies in Sweden
Abstract : At the beginning of the 1990s the Swedish National Road Administration (SNRA) adopted the willingness to pay (WTP) approach for estimating the benefits of safety improvements. However, since then there have been discussions about how to find the most valid and reliable empirical methods to conduct WTP studies. READ MORE