||Diverse Risks and the Relative Worth of Government Health and Safety Programs: An Experimental Survey.
Beggs, S. D. ;
||Charles River Associates, Inc., Boston, MA.;Environmental Protection Agency, Washington, DC. Economic Analysis Div.
||CRA-700.23; EPA-68-01-6596; EPA/230/04-85/005;
Benefit cost analysis ;
||Most EPA libraries have a fiche copy filed under the call number shown. Check with individual libraries about paper copy.
||The document reports the results of a preliminary examination of whether people place different values on reducing different kinds of risk. The focus of this exploratory effort is on mortality risks that could be altered by various government health and safety programs. Using a questionnaire with small experimental samples, the relative worths of 61 hypothetical lifesaving programs are estimated. An innovative approach is used, in which respondents balance hypothetical programs preventing different numbers of fatalities from different kinds of hazards. Each respondent's willingness to pay (WTP) for a particular type of program is assumed to be proportional to the number of fatalities prevented by the program. This allows calculation of the relative values for reducing different kinds of risk. Another part of the instrument asks directly for WTP additional taxes for health and safety programs, for comparison with the earlier results. Although the sample size is nonrandom and small, there is some indication that people do distinguish among the worths of different government health and safety programs, depending on the types of risks that are reduced.
|NTIS Title Notes
||Environmental benefits analysis series (Final).
|PUB Date Free Form
||5K; 6E; 92C; 57U; 43
||PC A07/MF A01