Formation of Risk Beliefs, Joint Production and Willingness to Pay to Avoid Skin Cancer
This paper uses a survey of risk beliefs about skin cancer to provide new evidence on how people view risky situations. Empirical results presented are based on a measure of risk beliefs held at the time of the survey. Key findings are that risk beliefs about skin cancer account for factors including skin type, complexion, and sunlight exposure history. Also, the connection between risk beliefs and willingness to pay is explored by using reservation prices for a sun protection product. A new method for treating joint production in a household production framework is developed to support this analysis. Copyright 1996 by MIT Press.
Volume (Year): 78 (1996)
Issue (Month): 3 (August)
|Contact details of provider:|| Web page: http://mitpress.mit.edu/journals/|
|Order Information:||Web: http://mitpress.mit.edu/journal-home.tcl?issn=00346535|
When requesting a correction, please mention this item's handle: RePEc:tpr:restat:v:78:y:1996:i:3:p:451-63. 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: (Kristin Waites)
If references are entirely missing, you can add them using this form.