2022
DOI: 10.1111/risa.13886
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Information effects on lay tradeoffs between national regulatory costs and benefits

Abstract: A novel stated-preference "macro-risk" approach introduced to estimate the lifeprolonging benefits of proposed environmental, health, and safety regulations may answer questions unasked or wrongly answered by conventional revealed-preference (e.g., "wage premiums" for high occupational risks) and stated-preference methods (e.g., willingness to pay for tiny reductions in one's own premature death risk). This new approach asks laypeople to appraise directly their preferred tradeoffs between national regulatory c… Show more

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Cited by 3 publications
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