Monetary Values for Air Pollution Risk of Death: A Contingent Valuation Survey

Olivier Chanel and Stephane Luchini ()
Additional contact information
Stephane Luchini: GREQAM - Groupement de Recherche en Économie Quantitative d'Aix-Marseille - EHESS - École des hautes études en sciences sociales - AMU - Aix Marseille Université - ECM - École Centrale de Marseille - CNRS - Centre National de la Recherche Scientifique

Working Papers from HAL

Abstract: In this paper, we extend the individual dynamic model of life-time resource allocation to assess the monetary value given to the increase in survival probabilities of every member of a household induced by improved air quality. We then interpret this monetary value as a flow of Value of Life Years Lost (VOLY), and estimate the corresponding Value of a Prevented Fatality (VPF) for different ages and different household members. Using French contingent valuation data on air pollution, we estimate a mean VOLY of Euros 150,000 and a mean VPFof Euros 2.15 million. In addition, we find an inverse U-shaped relationship between age and VPF.

Keywords: Value of statistical life; Air pollution; Familial Altruism; Contingent Valuation (search for similar items in EconPapers)
Date: 2008-04-11
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00272776
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://shs.hal.science/halshs-00272776/document (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:halshs-00272776

Access Statistics for this paper

More papers in Working Papers from HAL
Bibliographic data for series maintained by CCSD ().