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Benevolence and the value of road safety

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Author Info

  • Andersson, Henrik

    ()
    (VTI)

  • Lindberg, Gunnar

    ()
    (VTI)

Abstract

This study uses the contingent valuation method to elicit individuals' preferences for their own and others' safety in road-traffic. Whereas one group is asked about a private safety device for themselves, other groups are asked about safety devices for their children, household, relatives and the public. Support is found for the hypothesis that individuals are not purely selfish when it comes the safety of others.

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File URL: http://www.transportportal.se/SWoPEc/Andersson_Lindberg_Benevolence.pdf
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Bibliographic Info

Paper provided by Swedish National Road & Transport Research Institute (VTI) in its series Working Papers with number 2007:4.

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Length: 16 pages
Date of creation: 22 Aug 2007
Date of revision: 04 Jun 2008
Publication status: Published in Accident Analysis & Prevention, 2009, pages 286-293.
Handle: RePEc:hhs:vtiwps:2007_004

Contact details of provider:
Postal: VTI, Transport Economics, P.O. Box 6056, SE-171 06 Solna, Sweden
Phone: +46-13-20 40 00
Fax: +46-13-14 14 36
Email:
Web page: http://www.vti.se/tek
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Related research

Keywords: Safety; Willingness to pay; Altruism; Road-traffic;

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Citations

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Cited by:
  1. Andersson, Henrik & Hammitt, James & Sundström, Kristian, 2011. "Willingness to pay and QALYs: What can we learn about valuing foodborne risk?," LERNA Working Papers, LERNA, University of Toulouse 11.21.355, LERNA, University of Toulouse.
  2. Hultkrantz, Lars & Svensson, Mikael, 2010. "The Economic Value of Preventing Fatalities: Recent evidence on the value of a statistical life in Sweden," Working Papers, Örebro University, School of Business 2010:14, Örebro University, School of Business.
  3. John C. Whitehead & O. Ashton Morgan & William L. Huth & Gregory S. Martin & Richard Sjolander, 2012. "Willingness-to-Pay for Oyster Consumption Mortality Risk Reductions," Working Papers, Department of Economics, Appalachian State University 12-07, Department of Economics, Appalachian State University.
  4. Andersson, Henrik, 2012. "Consistency in preferences for road safety: An analysis of precautionary and stated behavior," TSE Working Papers, Toulouse School of Economics (TSE) 12-359, Toulouse School of Economics (TSE).
  5. Jeremiah Hurley & Emmanouil Mentzakis, 2011. "Existence and Magnitude of Health-related Externalities: Evidence from a Choice Experiment," Department of Economics Working Papers 2011-01, McMaster University.
  6. Thijs Dekker & Roy Brouwer & Marjan Hofkes & Klaus Moeltner, 2011. "The Effect of Risk Context on the Value of a Statistical Life: a Bayesian Meta-model," Environmental & Resource Economics, European Association of Environmental and Resource Economists, European Association of Environmental and Resource Economists, vol. 49(4), pages 597-624, August.
  7. Dorte Gyrd-Hansen, 2013. "Using the Stated Preference Technique for Eliciting Valuations: The Role of the Payment Vehicle," PharmacoEconomics, Springer, Springer, vol. 31(10), pages 853-861, October.

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