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Designing Contingent Valuation Scenarios for Environmental Health: The Case of Childhood Asthma

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Author Info

  • Sylvia Brandt

    (Department of Resource Economics University of Massachusetts, Amherst)

  • Felipe Vásquez

    ()
    (Departamento de Economía, Universidad de Concepción)

  • Michael Hanemann

    (Department of Agricultural and Resource Economics, University of California, Berkeley)

Abstract

Valuation of morbidity associated with childhood asthma is signi…cant both to policy and to non-market valuation methodologies. Our results show that household perceptions and beliefs, such as belief in one’s ability to predict and control asthma attacks, and relative perceptions of the overall burden asthma places on a family, have a larger impact on valuation than traditional measures of asthma severity. More generally, our approach can be applied to other chronic illnesses as well, such as diabetes or chronic pain.

(This abstract was borrowed from another version of this item.)

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Bibliographic Info

Paper provided by Departamento de Economía, Universidad de Concepción in its series Working Papers with number 11-2008.

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Date of creation: 2008
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Handle: RePEc:cnc:wpaper:11-2008

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Postal: Victoria 471, Conceptión
Web page: http://economia.udec.cl
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References

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  1. Carson, Richard T & Flores, Nicholas A, 2000. "Contingent Valuation: Controversies and Evidence," University of California at San Diego, Economics Working Paper Series qt75k752s7, Department of Economics, UC San Diego.
  2. Joseph C. Cooper & Michael Hanemann & Giovanni Signorello, 2002. "One-and-One-Half-Bound Dichotomous Choice Contingent Valuation," The Review of Economics and Statistics, MIT Press, vol. 84(4), pages 742-750, November.
  3. Bernard van den Berg & Ada Ferrer-i-Carbonell, 2007. "Monetary valuation of informal care: the well-being valuation method," Health Economics, John Wiley & Sons, Ltd., vol. 16(11), pages 1227-1244.
  4. Krupnick, Alan, et al, 2002. " Age, Health and the Willingness to Pay for Mortality Risk Reductions: A Contingent Valuation Survey of Ontario Residents," Journal of Risk and Uncertainty, Springer, vol. 24(2), pages 161-86, March.
  5. A Diener & B O'Brien & A Gafni, 1997. "Health Care Contingent Valuation Studies: A review and classification of the literature," Centre for Health Economics and Policy Analysis Working Paper Series 1997-07, Centre for Health Economics and Policy Analysis (CHEPA), McMaster University, Hamilton, Canada.
  6. Groot, Wim, 2000. "Adaptation and scale of reference bias in self-assessments of quality of life," Journal of Health Economics, Elsevier, vol. 19(3), pages 403-420, May.
  7. W. Michael Hanemann, 1994. "Valuing the Environment through Contingent Valuation," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 19-43, Fall.
  8. Mansfield, Carol & Reed Johnson, F. & Van Houtven, George, 2006. "The missing piece: Valuing averting behavior for children's ozone exposures," Resource and Energy Economics, Elsevier, vol. 28(3), pages 215-228, August.
  9. Julie Ratcliffe & John Brazier & Simon Palfreyman & Jonathan Michaels, 2007. "A comparison of patient and population values for health states in varicose veins patients," Health Economics, John Wiley & Sons, Ltd., vol. 16(4), pages 395-405.
  10. Dickie, Mark & Gerking, Shelby, 1991. "Willingness to Pay for ozone control: Inferences from the demand for medical care," Journal of Environmental Economics and Management, Elsevier, vol. 21(1), pages 1-16, July.
  11. Ian Bateman & Roy Brouwer & Stavros Georgiou & Nick Hanley & Fernando Machado & Susana Mourato & Caroline Saunders, 2005. "A ‘Natural Experiment’ Approach to Contingent Valuation of Private and Public UV Health Risk Reduction Strategies in Low and High Risk Countries," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 31(1), pages 47-72, 05.
  12. Nick Hanley & Mandy Ryan & Robert Wright, 2003. "Estimating the monetary value of health care: lessons from environmental economics," Health Economics, John Wiley & Sons, Ltd., vol. 12(1), pages 3-16.
  13. Richard D. Smith, 2003. "Construction of the contingent valuation market in health care:a critical assessment," Health Economics, John Wiley & Sons, Ltd., vol. 12(8), pages 609-628.
  14. Lauraine G. Chestnut & Mark A. Thayer & Jeffrey K. Lazo & Stephen K. Eeden, 2006. "The Economic Value Of Preventing Respiratory And Cardiovascular Hospitalizations," Contemporary Economic Policy, Western Economic Association International, vol. 24(1), pages 127-143, 01.
  15. Dickie, Mark & Gerking, Shelby, 2007. "Altruism and environmental risks to health of parents and their children," Journal of Environmental Economics and Management, Elsevier, vol. 53(3), pages 323-341, May.
  16. Alberini, Anna & Cropper, Maureen & Fu, Tsu-Tan & Krupnick, Alan & Liu, Jin-Tan & Shaw, Daigee & Harrington, Winston, 1997. "Valuing Health Effects of Air Pollution in Developing Countries: The Case of Taiwan," Journal of Environmental Economics and Management, Elsevier, vol. 34(2), pages 107-126, October.
  17. Robert Mitchell, 2002. "On Designing Constructed Markets in Valuation Surveys," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 22(1), pages 297-321, June.
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Cited by:
  1. Blomquist, Glenn C. & Dickie, Mark & O'Conor, Richard M., 2011. "Willingness to pay for improving fatality risks and asthma symptoms: Values for children and adults of all ages," Resource and Energy Economics, Elsevier, vol. 33(2), pages 410-425, May.

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