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Data · dataset · 2005

The Benefits of Improvements in Longevity and Health Quality: Willingness to Pay (WTP) and Quality

Listed in Harvard Dataverse

We evaluate the effects of disease type and latency on own willingness to pay (WTP) to reduce environmental risks of chronic, degenerative disease.

Description

Contingent-valuation data were collected from approximately 1,250 respondents in Taiwan. These data suggest the existence of a ancer premium:” WTP to reduce risk of cancer is estimated to be about 30 percent larger than WTP to reduce risk of a similar chronic degenerative disease.

The value of risk reduction also depends on the affected organ, environmental pathway, or payment mechanism: WTP to reduce risk of lung disease due to industrial air pollution is estimated to be twice as large as WTP to reduce risk of liver disease due to contaminated drinking water. Finally, we find that WTP is insensitive to the latency period between exposure to environmental contaminants and manifestation of disease.

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This insensitivity suggests that respondents anticipate their value per statistical life will grow over time at a rate about equal to their discount rate

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Inferred from text
Cancer 75% · Disease 75%
Provenance · 1 source records, 7 field assertions
SourceKeyLast seenRaw
Harvard Dataversedoi:10.6141/TW-SRDA-E90006-114 d agoJSON v1
FieldAssertionExtractorEvidence
concepts[disease].local:disease:cancerenrichment · Harvard Dataversekeyword-concept-rules@1.0.0title+description (75%)
concepts[disease].local:disease:diseaseenrichment · Harvard Dataversekeyword-concept-rules@1.0.0title+description (75%)
created_datesource · Harvard Dataverseconnector:dataverse@1.0.0
descriptionsource · Harvard Dataverseconnector:dataverse@1.0.0/description
publication_datesource · Harvard Dataverseconnector:dataverse@1.0.0
titlesource · Harvard Dataverseconnector:dataverse@1.0.0/name
updated_datesource · Harvard Dataverseconnector:dataverse@1.0.0