RELATING QUALITATIVE AND QUANTITATIVE EVALUATIONS OF COLLECTIVE RISKS: THE CASE OF DRINKING WATER CONTAMINATION
Donald J. Epp and
No 271055, 1990 Annual meeting, August 5-8, Vancouver, Canada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
A matrix of numerical risk statements and qualitative ratings was presented to respondents producing numerical equivalents for qualitative ratings of water contamination risk. There was general correspondence between risk magnitude and rated seriousness, but large variance in qualitative ratings of numerical risks renders some of the variables derived statistically insignificant.
Keywords: Resource /Energy Economics and Policy; Risk and Uncertainty (search for similar items in EconPapers)
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