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Valuation of human health: An integrated model of willingness to pay for mortality and morbidity risk reductions

✍ Scribed by Gerking, Shelby; Dickie, Mark; Veronesi, Marcella

Book ID
122127090
Publisher
Elsevier Science
Year
2014
Tongue
English
Weight
731 KB
Volume
68
Category
Article
ISSN
0095-0696

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✍ Raymond Y.T. Yeung; Richard D. Smith; Sarah M. McGhee 📂 Article 📅 2003 🏛 John Wiley and Sons 🌐 English ⚖ 101 KB

## Abstract A key theoretical prediction concerning willingness to pay is that it is positively correlated with benefit size and is assessed by testing the ‘sensitivity to scale (scope)’. ‘External’ (between‐sample) sensitivity tests are usually regarded as less powerful than ‘internal’ (within‐sub