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Willingness-to-pay for road safety improvement

Author

Listed:
  • Mouloud Haddak

    (Epidemiological Research and Surveillance Unit in Transport, Occupation and Environment (UMRESTTE), French Institute of Science and Technology for Transport, Development and Networks (IFSTTAR), Cité des Mobilités, 25 avenue François Mitterrand, F-69675, Bron, France; Université de Lyon, F-69622, Lyon, France; Université Lyon 1, UMRESTTE, F-69373, Lyon, France)

  • Nathalie Havet

    (Université de Lyon, Lyon, F-69007, France ; CNRS, GATE Lyon St Etienne,F-69130 Ecully, France)

  • Marie Lefèvre

    (Epidemiological Research and Surveillance Unit in Transport, Occupation and Environment (UMRESTTE), French Institute of Science and Technology for Transport, Development and Networks (IFSTTAR), Cité des Mobilités, 25 avenue François Mitterrand, F-69675, Bron, France; Université de Lyon, F-69622, Lyon, France; Université Lyon 1, UMRESTTE, F-69373, Lyon, France)

Abstract

Few studies have explored, to date, the issue of the monetary valuation of non-fatal injuries caused by road traffic accidents. The present paper arises interest in this question and aims to estimate, by means of the contingent valuation, the willingness to pay (WTP) of French households to improve their road safety level and reduce their risk of non-fatal injuries following a road accident. More precisely, Logit and Tobit models will be estimated to identify the factors influencing the individual will to pay. The results highlight the significant and positive influence of the injury severity on the WTP of the participants. The direct or indirect experience of road traffic accidents seems to play an important role and positively influences the valuation of the non-fatal injuries.

Suggested Citation

  • Mouloud Haddak & Nathalie Havet & Marie Lefèvre, 2014. "Willingness-to-pay for road safety improvement," Working Papers 1406, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    • Handle: RePEc:gat:wpaper:1406
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    Cited by:

    1. Choi, Jihye & Kim, Justine Jihyun & Lee, Jongsu, 2024. "Public willingness to pay for mitigating local conflicts over the construction of renewable energy facilities: A contingent valuation study in South Korea," Energy Policy, Elsevier, vol. 185(C).
    2. Barrientos, Manuel & Lavin, Felipe Vasquez & Ponce Oliva, Roberto D., 2020. "Assessing the Incorporation of Latent Variables in the Estimation of the Value of a Statistical Life," EfD Discussion Paper 20-22, Environment for Development, University of Gothenburg.
    3. Gu, Yingfan & Wang, Song & Li, Zhixia & Zhang, Guohui & Ai, Chengbo & Li, Pengfei, 2025. "Why to buy or why not to buy? - Revealing the inherent mechanism and the psychological impacts on the behavior of purchasing automated vehicles," Research in Transportation Economics, Elsevier, vol. 109(C).
    4. Subhan, Fazle & Ali, Yasir & Zhao, Shengchuan & Oviedo-Trespalacios, Oscar, 2023. "Understanding and modeling willingness-to-pay for public policies to enhance road safety: A perspective from Pakistan," Transport Policy, Elsevier, vol. 141(C), pages 182-196.
    5. Bergland, Harald & Pedersen, Pål Andreas, 2019. "Efficiency and traffic safety with pay for performance in road transportation," Transportation Research Part B: Methodological, Elsevier, vol. 130(C), pages 21-35.
    6. Sunbin YOO & Junya KUMAGAI & Yuta KAWABATA & Shunsuke MANAGI, 2022. "Achieving Inclusive Transportation: Fully Automated Vehicles with Social Support," Discussion papers 22017, Research Institute of Economy, Trade and Industry (RIETI).
    7. Nikola Jovanoski, 2015. "Estimating the Value of Preserving the Doubs," IRENE Working Papers 15-02, IRENE Institute of Economic Research.
    8. Meg Perry-Duxbury & Job van Exel & Werner Brouwer, 2019. "How to value safety in economic evaluations in health care? A review of applications in different sectors," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 20(7), pages 1041-1061, September.
    9. Bairen Ding & Yijie Wang, 2025. "Research on Capital Endowment, Energy Cognition and Willingness to Pay for Green Energy Consumption of Urban and Rural Residents in China," Sustainability, MDPI, vol. 17(15), pages 1-21, July.
    10. Shahram Fattahi & Somayeh Azami & Amineh Naderi, 2019. "Estimating the Value of Risk Reduction for Car Occupants," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 342-352.
    11. repec:ers:journl:v:xxiv:y:2021:i:3b:p:96-117 is not listed on IDEAS

    More about this item

    Keywords

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    JEL classification:

    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
    • C24 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Truncated and Censored Models; Switching Regression Models; Threshold Regression Models

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