Valuation of Environment-Related Health Risks for Children

Alberini, Anna; Loomes, Graham; Ščasný, Milan; Bateman, Ian J.

doi:10.1787/9789264038042-en

Cited by 18 publications

(20 citation statements)

References 113 publications

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“…Common pitfalls in stated preference studies conducted with adults are that respondents may fail to understand the health risk reduction and/or lack experience to trade money for health risk reductions (OECD, ). As suggested by previous authors, there may be an additional problem that children may not understand how to use money and lack financial resources (Alberini et al, ). In order to address these problems, before administering the CV questionnaire, we conducted two other studies: the first investigated the understanding of health risk among younger children and the best visual aids to use to communicate risk to younger ages groups (Guerriero et al, ).…”

Section: Methodsmentioning

confidence: 93%

“…Stated preference studies are increasingly being used to assign a monetary value to the benefit of healthcare interventions affecting children (Adamowicz, Dickie, Gerking, Veronesi, & Zinner, ; Alberini, Bateman, Loomes, & Scansny, ; Alberini & Ščasný, ; Hammitt & Haninger, ). Because of the vulnerability of children to environmental hazards, a substantial number of willingness‐to‐pay (WTP) studies have also been conducted to elicit monetary benefits of pollution control interventions affecting children's health using an adult perspective (Alberini & Ščasný, ; Alberini et al, ; Dickie & Messman, ; Gerking & Dickie, ) .…”

Section: Introductionmentioning

confidence: 99%

“…Children and adults may have different preferences with respect to health risk preferences, however, to the best of our knowledge, there are no studies investigating child preferences for health risk reductions. According to previous authors, the main obstacle in the evaluation of child health benefits using a children's perspective is that children do not possess the necessary cognitive abilities to formulate preferences for their own health risk reductions (Alberini et al, ; Harbaugh, ; OECD, ).…”

Section: Introductionmentioning

confidence: 99%

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Are children rational decision makers when they are asked to value their own health? A contingent valuation study conducted with children and their parents

et al. 2017

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Despite the importance of including children's preferences in the valuation of their own health benefits, no study has investigated the ability of children to understand willingness-to-pay (WTP) questions. Using a contingent valuation method, we elicit children's and parents' WTP to reduce children's risk of an asthma attack. Our results suggest that children are able to understand and value their own health risk reductions, and their ability to do so improves with age. Child age was found to be inversely related to parents' and children's WTP. The results also suggest that non-paternalistic altruism is predictive of children's WTP. For parents, care for their own health was found to be inversely related with their WTP for children's risk reductions. Comparison of parents' and children's WTP suggests that parents are willing to sacrifice for their child's health risk reduction an amount that is approximately twice that of their children. The analysis of matched pairs of parents and children suggest that there are within-household similarities as the child's WTP is positively related to parents' WTP.

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Section: Methodsmentioning

confidence: 93%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Are children rational decision makers when they are asked to value their own health? A contingent valuation study conducted with children and their parents

et al. 2017

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“…For such cases, preference for health risks can be only elicited under a hypothetical contingent scenario by using one of stated preference valuation method, such as contingent valuation or conjoint choice experiments [42,43]. Using the stated preference technique also allows the valuation can be performed for various contexts, for various beneficiaries, or for various modes of risk reduction delivery.…”

Section: Valuation Of Mortality Risksmentioning

confidence: 99%

“…These are described in Alberini et al [42]. Among other things, respondent were randomly assigned to variants of the questionnaire where the risk reductions referred to “all causes of death” cardiovascular and respiratory illnesses, and cancer.…”

Section: Research Design and Survey Implementationmentioning

confidence: 99%

Valuation of Mortality Risk Attributable to Climate Change: Investigating the Effect of Survey Administration Modes on a VSL

Ščasný

Alberini

2012

IJERPH

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The health impact attributable to climate change has been identified as one of the priority areas for impact assessment. The main goal of this paper is to estimate the monetary value of one key health effect, which is premature mortality. Specifically, our goal is to derive the value of a statistical life from people’s willingness to pay for avoiding the risk of dying in one post-transition country in Europe, i.e., the Czech Republic. We carried out a series of conjoint choice experiments in order to value mortality risk reductions. We found the responses to the conjoint choice questions to be reasonable and consistent with the economic paradigm. The VSL is about EUR 2.4 million, and our estimate is comparable with the value of preventing a fatality as used in one of the integrated assessment models. To investigate whether carrying out the survey through the internet may violate the welfare estimate, we administered our questionnaire to two independent samples of respondents using two different modes of survey administration. The results show that the VSLs for the two groups of respondents are €2.25 and €2.55 million, and these figures are statistically indistinguishable. However, the key parameters of indirect utility between the two modes of survey administration are statistically different when specific subgroups of population, such as older respondents, are concerned. Based on this evidence, we conclude that properly designed and administered on-line surveys are a reliable method for administering questionnaires, even when the latter are cognitively challenging. However, attention should be paid to sampling and choice regarding the mode of survey administration if the preference of specific segments of the population is elicited.

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Valuing Reductions in Fatal Illness Risks: Implications of Recent Research

Robinson

Hammitt

2015

Health Economics

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The value of mortality risk reductions, conventionally expressed as the value per statistical life, is an important determinant of the net benefits of many government policies. US regulators currently rely primarily on studies of fatal injuries, raising questions about whether different values might be appropriate for risks associated with fatal illnesses. Our review suggests that, despite the substantial expansion of the research base in recent years, few US studies of illness-related risks meet criteria for quality, and those that do yield similar values to studies of injury-related risks. Given this result, combining the findings of these few studies with the findings of the more robust literature on injury-related risks appears to provide a reasonable range of estimates for application in regulatory analysis. Our review yields estimates ranging from about $4.2 million to $13.7 million with a mid-point of $9.0 million (2013 dollars). Although the studies we identify differ from those that underlie the values currently used by Federal agencies, the resulting estimates are remarkably similar, suggesting that there is substantial consensus emerging on the values applicable to the general US population. Copyright © 2015 John Wiley & Sons, Ltd.

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Valuation of Environment-Related Health Risks for Children

Cited by 18 publications

References 113 publications

Are children rational decision makers when they are asked to value their own health? A contingent valuation study conducted with children and their parents

Are children rational decision makers when they are asked to value their own health? A contingent valuation study conducted with children and their parents

Valuation of Mortality Risk Attributable to Climate Change: Investigating the Effect of Survey Administration Modes on a VSL

Valuing Reductions in Fatal Illness Risks: Implications of Recent Research

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