Approaching the value of a life year – Empirical evidence from a Danish contingent valuation survey

Jytte Seested Nielsen (jsn@sam.sdu.dk)
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Jytte Seested Nielsen: Department of Health Economics, University of Southern Denmark, Postal: Studiestræde 6, 1455 København, Danmark

Nationaløkonomisk tidsskrift, 2010, vol. 2010, issue 1, 67-85

Abstract: The accepted standard for dealing with changes in mortality in costbenefit analyses has been to estimate the value of a statistical life. However, when valuing premature mortality caused by a permanent change in air pollution it has been suggested to value a gain in life expectancy instead and these values should then be aggregated into the value of a life year. Theoretical and empirical research in this area is, however, scarce. This paper presents results from a Danish web-based contingent valuation survey in an air pollution context and finds the VOLY to be in t

Keywords: mortality; cross-benefit; statistical life; air pollution (search for similar items in EconPapers)
JEL-codes: A10 (search for similar items in EconPapers)
Date: 2010
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