Nathalie G Schwab

Contingent Valuation, Transport Safety and the Value of Life - Studies in Risk and Uncertainty Nathalie G Schwab 1995 edition

Marc Notes: CVM applied to health studies-traffic accidents; ConferenceTable of Contents: Foreword. 1. Introduction; N. C. Soguel. 2. The Valuation of Human Costs by the Contingent Method: The Swiss Experience; N. G. Schwab Christe. 3. Assessing the Value of Traffic Safety Using the Contingent Valuation Technique: The Danish Survey; K. Kidholm. 4. Valuing the Benefits of Reducing the Risk of Non-Fatal Road Injuries: The Swedish Experience; U. Persson, A. Lugner Norinder, M. Svensson. 5. Reference Values for Human Life: An Econometric Analysis of a Contingent Valuation in France; B. Desaigues, A. Rabl. 6. Why did Two Theoretically Equivalent Methods Produce Two Very Different Values? M. W. Jones-Lee, G. Loomes, A. Robinson. 7. Are Preferences for Safety too Imprecise for Contingent Valuation? W. R. Dubourg. 8. Preference-Based Values of Safety for Public Transport Modes; M. W. Jones-Lee, G. Loomes. 9. The Automobile Risk Metric for Valuing Health Risks; W. K. Viscusi."Publisher Marketing: Since the 1970s, economic theory has extended its field of application to non-market goods such as environmental resources and health. Although it is impossible to assign a price to these goods on the basis of market mechanisms alone, the fact that they have no price does not mean that they have no value. One technique in which economists have shown a marked interest is the contingent valuation method (CVM), which has mainly been used to assign a monetary value to environmental goods. It was first applied to natural resources used for recreational purposes. CVM has been applied to health only recently, so that studies in this field are relatively more scarce than those dealing with the environment, including transport. An overview of experiments conducted in Europe is also included.