Scandinavian Working Papers in Economics
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Swedish National Road & Transport Research Institute (VTI) Working Papers, Swedish National Road & Transport Research Institute (VTI)

No 2007:4:
Benevolence and the value of road safety

Henrik Andersson () and Gunnar Lindberg ()

Abstract: This study uses the contingent valuation method to elicit individuals' preferences for their own and others' safety in road-traffic. Whereas one group is asked about a private safety device for themselves, other groups are asked about safety devices for their children, household, relatives and the public. Support is found for the hypothesis that individuals are not purely selfish when it comes the safety of others.

Keywords: Safety; Willingness to pay; Altruism; Road-traffic; (follow links to similar papers)

JEL-Codes: D61; D64; H51; I10; (follow links to similar papers)

16 pages, August 22, 2007, Revised June 4, 2008

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This paper is published as:
Andersson, Henrik and Gunnar Lindberg, (2009), 'Benevolence and the value of road safety', Accident Analysis & Prevention, Vol. 41, No. 2, pages 286-293

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