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Pré-publication, Document de travail Année : 2008

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

Résumé

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 VPF
of Euros 2.15 million. In addition, we find an inverse U-shaped relationship between age and VPF.
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Dates et versions

halshs-00272776, version 1 (11-04-2008)

Identifiants

  • HAL Id : halshs-00272776 , version 1

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Olivier Chanel, Stephane Luchini. Monetary Values for Air Pollution Risk of Death: A Contingent Valuation Survey. 2008. ⟨halshs-00272776⟩
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Dernière date de mise à jour le 26/05/2024
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