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Mortality Risk Valuation in Environment, Health and Transport Policies
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- Foreword
- Acknowledgements
- Table of contents
- Acronyms
- Executive summary
- + The valuation of mortality risk
- + Meta-database on stated preference studies of mortality risk valuation
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Meta-regression analysis of value of statistical life estimates
- Introduction
- Meta-data and screening considerations
- Preliminary analysis, choice of variables and relationships with VSL
- Meta-regression approach
- Results of meta-regressions for different screening criteria
- Conclusions
- Notes
- References
- Annex 3.A1. Additional meta-regressions
- Annex 3.A2. A selection of regressions with additional variables
- Annex 3.A3. Studies included in the main meta-regressions
- + Using meta-analysis for benefit transfer: Issues and examples
- + How to derive Value of a Statistical Life numbers for policy analysis
- + Recommended Value of a Statistical Life numbers for policy analysis
- + Recommendations for use of Value of a Statistical Life figures in policy assessments
The book presents a major meta-analysis of 'value of a statistical life' (VSL) estimates derived from surveys where people around the world have been asked about their willingness to pay for small reduction in mortality risks. The analysis seeks to explain the differences in the estimates, for example across countries. Differences in incomes and the magintude of the risk reduction people have been asked to value were found to be the factors having the strongest impact on VSL, but a number of other policy-relevant factors are also important. Based on the meta-analysis, and a broad review of the literature, the book also presents clear advice on how VSL values best can be used in assessments of environmental, health and transport policies, such as in cost-benefit analyses. Using explicit VSL estimates to quantify the benefits to society of fatality risk reductions can play an important role in the development of more cost-effective public policies.
Book Details
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Categories
Business & Economics > General
Publishers
Publication year : 2012
License: All rights reserved ©
Times read: 0

