Grantee Research Project Results
Mortality Risk Valuation And Stated Preference Methods: An Exploratory Study
EPA Grant Number: R824711Title: Mortality Risk Valuation And Stated Preference Methods: An Exploratory Study
Investigators: Krupnick, Alan J. , Cropper, Maureen , Alberini, Anna , Belli, Robert
Current Investigators: Krupnick, Alan J. , Cropper, Maureen , Simon, Nathalie , Alberini, Anna , Belli, Robert
Institution: Resources for the Future , University of Maryland and World Bank , University of Michigan , University of Colorado at Boulder
Current Institution: Resources for the Future , University of Colorado at Boulder , University of Maryland and World Bank , University of Michigan
EPA Project Officer: Chung, Serena
Project Period: October 1, 1995 through September 30, 1997
Project Amount: $114,822
RFA: Valuation and Environmental Policy (1995) RFA Text | Recipients Lists
Research Category: Environmental Justice
Description:
The purposes of this project are: (1) to improve understanding of cognitive processes involved in the valuation of mortality risk reductions that occur in an environmental pollution context, and (2) to translate this understanding into survey language appropriate for future stated preference studies. The approach is to bring the disciplines of economics and cognitive psychology together to build "mental models" of such cognitive processes, aided by the conduct of highly structured one-on-one interviews and focus groups and an extensive literature review. We propose to focus on the effect of various dimensions of risk and the risk context on willingness to pay to reduce death risks, including the perception of small probabilities, latency, confounding with morbidity, and respondent initial health status and age.Supplemental Keywords:
RFA, Scientific Discipline, Economic, Social, & Behavioral Science Research Program, Economics & Decision Making, Health Risk Assessment, decision-making, Social Science, Psychology, economic objectives, public values, mental models, public issues, valuing environmental quality, willingness to pay, ecosystem valuation, life expectancy, mortality risks, policy analysis, cognitive psychology, methodological research, cost/benefit analysis, environmental values, public policy, surveys, decision analysis, human welfare, information dissemination, psychological attitudes, social psychology, valuation of mortality, environmental ethics, morbidity risks, stated preference, demographic, social resistance, environmental policyProgress and Final Reports:
The perspectives, information and conclusions conveyed in research project abstracts, progress reports, final reports, journal abstracts and journal publications convey the viewpoints of the principal investigator and may not represent the views and policies of ORD and EPA. Conclusions drawn by the principal investigators have not been reviewed by the Agency.