Scandinavian Working Papers in Economics

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

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

Henrik Andersson () and Gunnar Lindberg ()
Additional contact information
Henrik Andersson: VTI, Postal: Dept. of Transport Economics, P.O. Box 55685, SE-102 15 Stockholm, Sweden
Gunnar Lindberg: VTI, Postal: Dept. of Transport Economics, P.O. Box 55685, SE-102 15 Stockholm, Sweden

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

JEL-codes: D61; D64; H51; I10

16 pages, First version: August 22, 2007. Revised: June 4, 2008.

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Andersson_Lindberg_Benevolence.pdf PDF-file

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Published as
Henrik Andersson 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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