A note on parental and child risk valuation

被引:7
作者
Nastis, Stefanos A.
Crocker, Thomas D.
机构
[1] Univ Macedonia, Dept Int European Econ & Polit Studies, Thessaloniki 54006, Greece
[2] Univ Wyoming, Dept Econ & Finance, Laramie, WY 82071 USA
关键词
child health; endogenous risk; risk valuation;
D O I
10.1007/s10640-006-9060-9
中图分类号
F [经济];
学科分类号
02 ;
摘要
The paper develops a model that allows the estimation of parent's valuation of own and child health, in an endogenous risk framework, where parents can employ multiple activities to protect themselves and their children from a health risk. These risk-reducing activities may differ in their effectiveness and their intensity of use. We suggest how to estimate the parent's ex ante marginal willingness-to-pay for a reduction in the ambient level of health risk, unencumbered by expected utility terms.
引用
收藏
页码:119 / 134
页数:16
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