𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Willingness-to-pay for a statistical life in the times of a pandemic

✍ Scribed by Dorte Gyrd-Hansen; Peder Andreas Halvorsen; Ivar Sønbø Kristiansen

Publisher
John Wiley and Sons
Year
2007
Tongue
English
Weight
144 KB
Volume
17
Category
Article
ISSN
1057-9230

No coin nor oath required. For personal study only.

✦ Synopsis

Abstract

A contingent valuation was performed based on cross‐sectional web‐based interviews of individuals aged 16–82 years of age presenting a scenario of influenza pandemic. The mean WTP for a course of Tamiflu was NOK 1034 (median NOK 250). Anxious individuals perceived the pandemic mortality risk to be higher than others, but also perceived the benefit of Tamiflu as greater. They also expressed a higher WTP for Tamiflu, but the implied VOSL was less than for other respondents. The results suggest that fear and anxiety distort decision making under uncertainty and decrease focus on the perceived risk reduction. Copyright © 2007 John Wiley & Sons, Ltd.

📜 SIMILAR VOLUMES

Willingness to Pay for Improved Environm
Willingness to Pay for Improved Environmental Sanitation in a Nigerian City
✍ Ben C. Arimah 📂 Article 📅 1996 🏛 Elsevier Science 🌐 English ⚖ 92 KB

Attempts at redressing the problem of rapid deterioration of the urban environment in developing countries have not produced the desired results. This is because such attempts have been mainly ad hoc and have not taken into consideration willingness to pay for improvements in the quality of the urba

Measuring the value of time for methadon
Measuring the value of time for methadone maintenance clients: willingness to pay, willingness to accept, and the wage rate
✍ Natalia N. Borisova; Allen C. Goodman 📂 Article 📅 2003 🏛 John Wiley and Sons 🌐 English ⚖ 141 KB 👁 1 views

## Abstract Three measures of the value of time – willingness to pay (WTP) for a reduction in travel time, willingness to accept (WTA) a monetary compensation to forgo it, and the wage rate – are evaluated and compared. WTP and WTA were estimated from the two‐part regressions of time price, using c

QUALITY OF LIFE, TREATMENTS, AND PATIENT
QUALITY OF LIFE, TREATMENTS, AND PATIENTS' WILLINGNESS TO PAY FOR A COMPLETE REMISSION OF CERVICAL CANCER IN TAIWAN
✍ Hui-Chu Lang; Koyin Chang; Yung-Hsiang Ying 📂 Article 📅 2011 🏛 John Wiley and Sons 🌐 English ⚖ 144 KB

## ABSTRACT Cervical cancer is one of the leading causes of cancer deaths in Taiwan. To investigate the disease cost and then raise awareness of the importance of screening for cervical cancer and promote early detection, this paper employs contingent valuation and willingness to pay (WTP) method t

A comparison of approaches to estimating
A comparison of approaches to estimating confidence intervals for willingness to pay measures
✍ Arne Risa Hole 📂 Article 📅 2007 🏛 John Wiley and Sons 🌐 English ⚖ 162 KB

## Abstract This paper describes four approaches to estimating confidence intervals for willingness to pay measures: the delta, Fieller, Krinsky Robb and bootstrap methods. The accuracy of the various methods is compared using a number of simulated datasets. In the majority of the scenarios conside

Willingness to pay for health risk reduc
Willingness to pay for health risk reduction in the context of altruism
✍ Jorge E. Araña; Carmelo J. León 📂 Article 📅 2002 🏛 John Wiley and Sons 🌐 English ⚖ 173 KB

## Abstract This paper presents results on the valuation of health risks in the presence of altruism. The contingent valuation method is utilised in a split sample experiment for estimating the private and public values in reducing the risk of flu. Data modelling for the dichotomous choice method f

Willingness to pay as a measure of the b
Willingness to pay as a measure of the benefits of mental health care
✍ Andrew Healey; Daniel Chisholm 📂 Article 📅 1999 🏛 John Wiley and Sons 🌐 English ⚖ 59 KB 👁 2 views

Background: Decision-makers would benefit from being able to plan and evaluate mental health care interventions or programmes on the basis of costs and consequences that are measured in the same unit of measurement (money being the most convenient). Monetized quantification of the consequences of al