Valuing Children’s Health and Life: What Does Economic Theory Say About Including Parental and Societal Willingness To Pay?
Governments can and do adopt many policies that will improve the health and reduce the mortality risks of children. Given this, estimates of the value of improvements in children’s health and reductions in their mortality risk are needed so that governments can rationally choose which of the many possible policies to adopt. These estimates should be based on an appropriate measure of value that is based on economic theory. This paper examines what economic theory has to say about what sorts of elements should be counted in that value, and how that value should then be used in decision-making.
|Date of creation:||01 Jun 2001|
|Date of revision:||01 Jun 2001|
|Contact details of provider:|| Postal: 1285 University of Oregon, 435 PLC, Eugene, OR 97403-1285|
Phone: (541) 346-8845
Fax: (541) 346-1243
Web page: http://economics.uoregon.edu/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ore:uoecwp:2001-13. 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: (Bill Harbaugh)
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.