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Valuing Mortality Risk in Kuwait: Stated-Preference with a New Consistency Test

机译:评估科威特的死亡风险:陈述偏好与新一致性测试

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We report stated-preference estimates of the value per statistical life (VSL) for Kuwaiti citizens obtained using an innovative test to identify respondents whose survey responses are consistent with economic theory. The consistency test requires that an individual report strictly positive willingness to pay (WTP) for mortality-risk reduction and that his responses to binary-choice valuation questions for two risk reductions be consistent with the theoretical requirement that WTP is less than but close to proportional to the change in risk reduction. Our estimates of VSL, $18-32 million, are approximately two to four times larger than values accepted for the United States. These values may reflect cultural factors as well as the substantially larger disposable income of Kuwaiti citizens.
机译:我们报告了对科威特公民的每项统计生活价值(VSL)的陈述偏好估计值,这些估计值是使用创新测试确定的,其受访者的调查回答与经济理论相符。一致性测试要求个人报告严格降低死亡风险的积极支付意愿(WTP),并且他对两次降低风险对二元选择价值问题的回答与理论上的要求一致,即WTP小于但接近成比例减少风险的变化。我们对VSL的估计为18-3200万美元,大约是美国接受的值的两到四倍。这些价值可能反映了文化因素以及科威特公民的可支配收入大大增加。

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