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Private and Public WTP for Safety: A Validity Test
KTH, School of Architecture and the Built Environment (ABE), Transport and Economics (closed 20110301). (Centrum för transportstudier)
2007 (English)Report (Other academic)
Abstract [en]

To elicit an affected population's preferences for, e.g., better health or environment stated preference (SP) methods are often used. SP methods are based on hypothetical market settings which necessitates validity tests of the results. This study describes a validity test on the basis of theoretical predictions and empirical findings for private and public safety measures. According to the test, public willingness to pay (WTP) should exceed private WTP.

Place, publisher, year, edition, pages
Swedish National Road & Transport Research Institute (VTI), Departement of Transport Economics , 2007.
Series
Working Papers, Swedish National Road & Transport Research Institute (VTI), 2007:14
Keyword [en]
Private, Public, Safety paternalism, Stated preferences, Willingness to pay
National Category
Social Sciences Interdisciplinary
Identifiers
URN: urn:nbn:se:kth:diva-10795OAI: oai:DiVA.org:kth-10795DiVA: diva2:227981
Note

QC 20111010

Available from: 2009-07-22 Created: 2009-07-22 Last updated: 2016-12-09Bibliographically approved

Open Access in DiVA

No full text

Other links

http://swopec.hhs.se/vtiwps/abs/vtiwps2007_014.htm

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Andersson, Henrik
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CiteExportLink to record
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Citation style
  • apa
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Output format
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