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Willingness-to-pay for road safety improvement

  • Mohamed Mouloud Haddak

    ()

    (UMRESTTE UMR T9405 - Unité Mixte de Recherche Epidémiologique et de Surveillance Transport Travail Environnement - UCBL - Université Claude Bernard Lyon 1 - IFSTTAR - Institut Français des Sciences et Technologies des Transports, de l'Aménagement et des Réseaux - PRES Université de Lyon)

  • Nathalie Havet

    ()

    (GATE Lyon Saint-Étienne - Groupe d'analyse et de théorie économique - ENS Lyon - École normale supérieure - Lyon - UL2 - Université Lumière - Lyon 2 - UCBL - Université Claude Bernard Lyon 1 - Université Jean Monnet - Saint-Etienne - PRES Université de Lyon - CNRS)

  • Marie Lefèvre

    (UMRESTTE - Unité Mixte de Recherche Epidémiologique et de Surveillance Transport Travail Environnement - IFSTTAR - Institut Français des Sciences et Technologies des Transports, de l'Aménagement et des Réseaux - UCBL - Université Claude Bernard Lyon 1)

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.

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Paper provided by HAL in its series Working Papers with number halshs-00950017.

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Date of creation: 20 Feb 2014
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Handle: RePEc:hal:wpaper:halshs-00950017
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