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Do Parents Benefit from School Health Risk Reduction?

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  • Phumsith Mahasuweerachai

    ()
    (Faculty of Management Science, Khon Kaen University, Khon Kaen, Thailand)

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    Abstract

    The choice experiment method was applied to determine parent’s preferences and monetary values of risk reductions on three related health issues in school, lead contamination in school drinking water, diarrhea from food contamination, and accident from outdoor playground. Data were obtained from face-to-face interview of 672 respondents in three regions of Thailand. Lead contamination is the greatest concern among parents as reflected by the largest coefficients of risk reduction levels and the highest amount of monetary values elicited from parent’s preferences. The other two issues are considered of equal importance. However, parents seem insensitive to the changes of risk reductions of these two issues revealing the scope insensitivity. Given the scope insensitivity, choice experiment may be seen as a promising method to determine preferences and monetary values of health related issues that have no appropriate or precise financial proxy available.

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    File URL: http://www.journal.eco.ku.ac.th/upload/document/eng/20131110100810.pdf
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    Bibliographic Info

    Article provided by Kasetsart University, Faculty of Economics, Center for Applied Economic Research in its journal Applied Economics Journal.

    Volume (Year): 20 (2013)
    Issue (Month): 2 (December)
    Pages: 75-95

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    Handle: RePEc:aej:apecjn:v:20:y:2013:i:2:p:75-95

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    Keywords: Non-market valuation; safety in school; health risk reduction;

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    1. Lusk, Jayson L. & Roosen, Jutta & Fox, John A., 2001. "Demand For Beef From Cattle Administered Growth Hormones Or Fed Genetically Modified Corn: A Comparison Of Consumers In France, Germany, The United Kingdom, And The United States," 2001 Annual meeting, August 5-8, Chicago, IL 20684, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. M. K. Haener & P. C. Boxall & W. L. Adamowicz, 2001. "Modeling Recreation Site Choice: Do Hypothetical Choices Reflect Actual Behavior?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(3), pages 629-642.
    3. Wiktor Adamowicz & Peter Boxall & Michael Williams & Jordan Louviere, 1998. "Stated Preference Approaches for Measuring Passive Use Values: Choice Experiments and Contingent Valuation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(1), pages 64-75.
    4. Jin-Tan Liu & James K. Hammitt & Jung-Der Wang & Jin-Long Liu, 2000. "Mother's willingness to pay for her own and her child's health: a contingent valuation study in Taiwan," Health Economics, John Wiley & Sons, Ltd., vol. 9(4), pages 319-326.
    5. Olsen, Jan Abel & Donaldson, Cam & Pereira, Joao, 2004. "The insensitivity of 'willingness-to-pay' to the size of the good: New evidence for health care," Journal of Economic Psychology, Elsevier, vol. 25(4), pages 445-460, August.
    6. Boxall, Peter C. & Englin, Jeffrey & Adamowicz, Wiktor L., 2003. "Valuing aboriginal artifacts: a combined revealed-stated preference approach," Journal of Environmental Economics and Management, Elsevier, vol. 45(2), pages 213-230, March.
    7. Isabell Goldberg & Jutta Roosen, 2007. "Scope insensitivity in health risk reduction studies: A comparison of choice experiments and the contingent valuation method for valuing safer food," Journal of Risk and Uncertainty, Springer, vol. 34(2), pages 123-144, April.
    8. Dickie, Mark & Messman, Victoria L., 2004. "Parental altruism and the value of avoiding acute illness: are kids worth more than parents?," Journal of Environmental Economics and Management, Elsevier, vol. 48(3), pages 1146-1174, November.
    9. Daniel Lew & Kristy Wallmo, 2011. "External Tests of Scope and Embedding in Stated Preference Choice Experiments: An Application to Endangered Species Valuation," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 48(1), pages 1-23, January.
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