Paternalistic Altruism and the Value of Statistical Life
In applying the willingness-to-pay approach to the assessment of public-sector projects that have potential safety effects, it is clearly important to know whether and how values of statistical life and safety should reflect people's altruistic concern for other people's wellbeing. Thus far this question has been answered only for a very limited number of special cases. The purpose of this paper is to extend the analysis to cover a wider spectrum of degrees and types of altruistic concern than has so far been considered in the literature. Copyright 1992 by Royal Economic Society.
Volume (Year): 102 (1992)
Issue (Month): 410 (January)
|Contact details of provider:|| Postal: 2 Dean Trench Street, Westminster, SW1P 3HE|
Phone: +44 20 3137 6301
Web page: http://www.res.org.uk/
More information through EDIRC
|Order Information:||Web: http://www.blackwellpublishers.co.uk/asp/journal.asp?ref=0013-0133|
When requesting a correction, please mention this item's handle: RePEc:ecj:econjl:v:102:y:1992:i:410:p:80-90. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing)or (Christopher F. Baum)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.