| 来源类型 | FEEM working papers "Note di lavoro" series
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| 规范类型 | 论文
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| A Novel Approach to Estimating the Demand Value of Road Safety |
| Christoph M. Rheinberger; Felix Schläpfer; Michael Lobsiger
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| 发表日期 | 2017
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| 出处 | Economic Theory
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| 出版年 | 2017
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| 语种 | 英语
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| 摘要 | We estimate the demand value of road safety improvements in Switzerland from survey data using a novel elicitation approach. Individuals’ responses to questions about how much public spending on road safety should be increased are combined with observations of income, tax rate, and road usage to estimate the economic value of a statistical accident avoided. Information obtained from a risk-risk tradeoff elicitation allows us to distinguish willingness-to-pay values for various degrees of accident severity. Our most comprehensive estimate of the value of a statistical accident avoided amounts to CHF 11.0 million ($11.6 million); the corresponding value per statistical life is close to CHF 4.2 million ($4.5 million). We explore the sensitivity of these estimates to anchoring and other framing effects and find that the popularity of specific road safety programs is influenced by both the availability of different choice options and the provision of partisan cues expressing political endorsement or opposition.
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Suggested citation: Rheinberger, C. M., F. Schläpfer, M. Lobsiger, (2017), 'A Novel Approach to Estimating the Demand Value of Road Safety', Nota di Lavoro 15.2017, Milan, Italy: Fondazione Eni Enrico Mattei |
| 特色分类 | H41;I38;J17
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| 关键词 | Road Safety
Value of Life
Public Goods
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| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/a-novel-approach-to-estimating-the-demand-value-of-road-safety/
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| 来源智库 | Fondazione Eni Enrico Mattei (Italy)
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/118529
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推荐引用方式
GB/T 7714 |
Christoph M. Rheinberger,Felix Schläpfer,Michael Lobsiger. A Novel Approach to Estimating the Demand Value of Road Safety. 2017.
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