Working Papers, Swedish National Road & Transport Research Institute (VTI)
Private and Public WTP for Safety - A Validity Test
Abstract: To elicit an affected population's preferences for, e.g.,
better health or environment stated preference (SP) methods are often used.
SP methods are based on hypothetical market settings which necessitates
validity tests of the results. This study describes a validity test on the
basis of theoretical predictions and empirical findings for private and
public safety measures. According to the test, public willingness to pay
(WTP) should exceed private WTP.
Keywords: Private; Public; Safety paternalism; Stated preferences; Willingness to pay; (follow links to similar papers)
JEL-Codes: D61; D64; I10; (follow links to similar papers)
8 pages, October 19, 2007
Before downloading any of the electronic versions below
you should read our statement on
for viewing Postscript files and the
Acrobat Reader for viewing and printing pdf files.
Full text versions of the paper:
Questions (including download problems) about the papers in this series should be directed to Mats Berggren ()
Report other problems with accessing this service to Sune Karlsson ()
or Helena Lundin ().
Design by Joachim Ekebom