## Abstract We study the willingness to pay for reductions in health risks when people do not evaluate probabilities linearly, as is commonly assumed in elicitations of willingness to pay, but weight probabilities, as is commonly observed in empirical studies of decision under risk. We show that fo
Willingness to Pay for Health Protection: Inadequate Sensitivity to Probability?
✍ Scribed by James K. Hammitt; John D. Graham
- Book ID
- 110254298
- Publisher
- Springer
- Year
- 1999
- Tongue
- English
- Weight
- 157 KB
- Volume
- 18
- Category
- Article
- ISSN
- 0895-5646
No coin nor oath required. For personal study only.
📜 SIMILAR VOLUMES
## 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
The main objective of this article is to examine the willingness to pay for a viable rural health insurance scheme through community participation in India, and the policy concerns it engenders. The willingness to pay for a rural health insurance scheme through community participation is estimated t
## 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