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Parental Altruism and Child Lead Exposure: Inferences from the Demand for Chelation Therapy

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  • Mark D. Agee
  • Thomas D. Crocker
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    Abstract

    We use parents' decisions to treat their children's body burdens of lead to infer parental ex ante willingness to pay for reduced burdens. Willingness to pay is estimated with a data set containing 256 observations; the data were originally gathered to assess the impact of children's body lead burdens upon their intellectual and behavioral development. Our results indicate that parental ex ante willingness to pay for a 1 percent reduction in child body lead burden exceeds the estimated ex post savings in medical treatment and compensatory education costs caused by the same reduction.

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    Bibliographic Info

    Article provided by University of Wisconsin Press in its journal Journal of Human Resources.

    Volume (Year): 31 (1996)
    Issue (Month): 3 ()
    Pages: 677-691

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    Handle: RePEc:uwp:jhriss:v:31:y:1996:i:3:p:677-691

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    Web page: http://jhr.uwpress.org/

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    Cited by:
    1. Jim Neumann & Harriet Greenwood, 2002. "Existing Literature and Recommended Strategies for Valuation of Children's Health Effects," NCEE Working Paper Series 200207, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Sep 2002.
    2. Cameron, Trudy Ann & DeShazo, J.R. & Johnson, Erica H., 2010. "The effect of children on adult demands for health-risk reductions," Journal of Health Economics, Elsevier, vol. 29(3), pages 364-376, May.
    3. Mark D. Agee & Thomas D. Crocker, 2002. "On Techniques to Value the Impact of Environmental Hazards on Children's Health," NCEE Working Paper Series 200208, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Sep 2002.
    4. Sylvia Brandt & Peter Marie, 2011. "Racial Disparities in Hospital Length of Stay for Asthma: Implications for Economic Policies," Journal of Family and Economic Issues, Springer, vol. 32(1), pages 152-169, March.
    5. James Hammitt & Kevin Haninger, 2010. "Valuing fatal risks to children and adults: Effects of disease, latency, and risk aversion," Journal of Risk and Uncertainty, Springer, vol. 40(1), pages 57-83, February.
    6. Ted Gayer & Robert Hahn, 2006. "Designing environmental policy: lessons from the regulation of mercury emissions," Journal of Regulatory Economics, Springer, vol. 30(3), pages 291-315, November.
    7. Kenkel, Don, 1997. "On valuing morbidity, cost-effectiveness analysis, and being rude," Journal of Health Economics, Elsevier, vol. 16(6), pages 749-757, December.
    8. Javier Birchenall & Rodrigo Reis Soares, 2007. "Altruism, Fertility, and the Value of Children: Health Policy Evaluation and Intergenerational Welfare," Textos para discussão 537, Department of Economics PUC-Rio (Brazil).
    9. König, Markus & Pfarr, Christian & Zweifel, Peter, 2013. "Mutual Altruism: Evidence from Alzheimer Patients and Their Spouse Caregivers," MPRA Paper 45995, University Library of Munich, Germany.
    10. 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.
    11. Smith, V. Kerry, 1997. "Time and the Valuation of Environmental Resources," Working Papers 97-36, Duke University, Department of Economics.
    12. Settle, Chad & Crocker, Thomas D. & Shogren, Jason F., 2002. "On the joint determination of biological and economic systems," Ecological Economics, Elsevier, vol. 42(1-2), pages 301-311, August.
    13. Jason Shogren, 2002. "Valuing Indirect Effects From Environmental Hazards On A Child’s Life Chances," NCEE Working Paper Series 200209, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Sep 2002.
    14. Sakib Mahmud & Gazi Mainul Hassan, 2014. "Consequences of Public Programs and Private Transfers on Household Investment in Storm Protection," Working Papers in Economics 14/01, University of Waikato, Department of Economics.
    15. Stefanos Nastis & Thomas Crocker, 2007. "A note on parental and child risk valuation," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 38(1), pages 119-134, September.
    16. Martina Menon & Federico Perali & Marcella Veronesi, 2013. "Social Inclusion and Altruism: Preferences for Juvenile Rehabilitation Programs," Working Papers 18/2013, University of Verona, Department of Economics.
    17. Markus Koenig & Peter Zweifel, 2004. "Willingness-to-pay Against Dementia: Effects of Altruism Between Patients and Their Spouse Caregivers," SOI - Working Papers 0411, Socioeconomic Institute - University of Zurich.
    18. Daniel S. Hamermesh, 1999. "The Art of Labormetrics," NBER Working Papers 6927, National Bureau of Economic Research, Inc.

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