Mortality Risk Valuation in Policy Assessment

Annex H. List of studies 2009-2024

Date of list: 4. December 2023.

List of stated preference (SP) studies

Adamowicz, W., Dupont, D., Krupnick, A., & Zhang, J. (2011), “Valuation of cancer and microbial disease risk reductions in municipal drinking water: An analysis of risk context using multiple valuation methods”, Journal of Environmental Economics and Management, 61(2), 213-226. https://doi.org/10.1016/j.jeem.2010.10.003

Ainy, E., Soori, H., Ganjali, M., Le, H., & Baghfalaki, T. (2014), “Estimating Cost of Road Traffic Injuries in Iran Using Willingness to Pay (WTP) Method”, PloS One, 9(12), 16, Article e112721. https://doi.org/10.1371/journal.pone.0112721

Alberini, A., & Scasny, M. (2010), Does the Cause of Death Matter? The Effect of Dread, Controllability, Exposure and Latency on the VSL, Fondazione Eni Enrico Mattei, Working Papers: 2010.139. https://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1155494&lang=ja&site=ehost-live

Alberini, A., & Scasny, M. (2011), “Context and the VSL: Evidence from a Stated Preference Study in Italy and the Czech Republic”, Environmental and Resource Economics, 49(4), 511-538. https://doi.org/https://link.springer.com/journal/volumesAndIssues/10640

Alberini, A., & Scasny, M. (2013), “Exploring Heterogeneity in the Value of a Statistical Life: Cause of Death v. Risk Perceptions”, Ecological Economics, 94, 143-155. https://doi.org/10.1016/j.ecolecon.2013.07.012

Alberini, A., & Scasny, M. (2017), The Benefits of Avoiding Cancer (or Dying from Cancer): Evidence from a Four-country Study, Fondazione Eni Enrico Mattei, Working Papers: 2017.01. https://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1629014&lang=ja&site=ehost-live

Alberini, A., & Scasny, M. (2018), “The Benefits of Avoiding Cancer (or Dying from Cancer): Evidence from a Four-Country Study”, Journal of Health Economics, 57, 249-262. https://doi.org/10.1016/j.jhealeco.2017.08.004

Alberini, A., & Scasny, M. (2021), “On the Validity of the Estimates of the VSL from Contingent Valuation: Evidence from the Czech Republic”, Journal of Risk and Uncertainty, 62(1), 55-87. https://doi.org/10.1007/s11166-021-09347-8

Alberini, A., Cropper, M., Krupnick, A., & Simon, N. B. (2009). Does the Value of a Statistical Life Vary with Age and Health Status? Evidence from the US and Canada. In D. Fullerton (Ed.), Distributional Effects of Environmental and Energy Policy. International Library of Environmental Economics and Policy. Aldershot, U.K. and Burlington, Vt.: Ashgate. 365-388). https://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1122174&lang=ja&site=ehost-live

Alberini, A., Rheinberger, C. M., & Scasny, M. (2023), “All Cancers Are not Created Equal: How Do Survival Prospects Affect the Willingness to Pay to Avoid Cancer?”, Journal of Benefit-Cost Analysis, 14(1), 93-113, Article Pii s2194588822000215. https://doi.org/10.1017/bca.2022.21

Alberini, A., Rheinberger, C. M., Leiter, A., & McCormick, C. A. M. (2010), What is the Value of Hazardous Weather Forecasts? Evidence from a Survey of Backcountry Skiers, Fondazione Eni Enrico Mattei, Working Papers: 2010.85. https://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1115938&lang=ja&site=ehost-live

Alberini, A., Scasny, M., Guignet, D., & Tonin, S. (2012), “Cancer Values of Prevented Fatalities (VPFs), One Size Does Not Fit All: The Benefits of Contaminated Site Cleanups in Italy”, Journal of the Air & Waste Management Association, 62(7), 783-798. doi:10.1080/10962247.2012.676594

Alolayan, M. A., Evans, J. S., & Hammitt, J. K. (2017), “Valuing Mortality Risk in Kuwait: Stated-Preference with a New Consistency Test”, Environmental and Resource Economics, 66(4), 629-646. https://doi.org/https://link.springer.com/journal/volumesAndIssues/10640

Andersson, H. (2013), “Consistency in Preferences for Road Safety: An Analysis of Precautionary and Stated Behavior”, Research in Transportation Economics, 43, 41-49. https://doi.org/10.1016/j.retrec.2013.01.001

Andersson, H., & Lindberg, G. (2009), “Benevolence and the value of road safety”, Accident Analysis and Prevention, 41(2), 286-293. https://doi.org/10.1016/j.aap.2008.11.009 #

Andersson, H., & Ouvrard, B. (2023), “Priming and the Value of a Statistical Life: A Cross Country Comparison”, Journal of Behavioral and Experimental Economics, 104, 13, Article 102013. https://doi.org/10.1016/j.socec.2023.102013

Andersson, H., Hammitt, J. K., Lindberg, G., & Sundstrom, K. (2013), “Willingness to Pay and Sensitivity to Time Framing: A Theoretical Analysis and an Application on Car Safety”, Environmental and Resource Economics, 56(3), 437-456. https://doi.org/https://link.springer.com/journal/volumesAndIssues/10640

Andersson, H., Hole, A. R., & Svensson, M. (2016), “Valuation of small and multiple health risks: A critical analysis of SP data applied to food and water safety”, Journal of Environmental Economics and Management, 75, 41-53. https://doi.org/10.1016/j.jeem.2015.11.001

Antoniou, C. (2014), “A Stated-Preference Study of the Willingness to Pay to Reduce Traffic Risk in Urban vs. Rural Roads”, European Transport Research Review, 6(1), 31-42. https://doi.org/10.1007/s12544-013-0103-3

Antoniou, C., & Kostovasilis, K. (2017), “How may External Information Affect Traffic Risk Perception?” Journal of Transportation Safety & Security, 9(3), 347-368. https://doi.org/10.1080/19439962.2016.1212444

Arigoni Ortiz, R., Markandya, A., & Hunt, A. (2009), “Willingness to Pay for Mortality Risk Reduction Associated with Air Pollution in Sao Paulo”, Revista Brasileira de Economia, 63(1), 3-22. https://doi.org/10.1590/S0034-71402009000100001

Balmford, B., Bateman, I. J., Bolt, K., Day, B., & Ferrini, S. (2019), “The Value of Statistical Life for Adults and Children: Comparisons of the Contingent Valuation and Chained Approaches”, Resource and Energy Economics, 57, 68-84. https://doi.org/10.1016/j.reseneeco.2019.04.005

Barbieri, N., Mazzanti, M., Montini, A., & Rampa, A. (2022), “Risk Attitudes to Catastrophic Events: VSL and WTP for Insurance against Earthquakes”, Economics of Disasters and Climate Change, 6(2), 317-337. https://doi.org/10.1007/s41885-022-00109-7

Blomquist, G. C., Dickie, M., & O'Conor, R. M. (2011), “Willingness to Pay for Improving Fatality Risks and Asthma Symptoms: Values for Children and Adults of all Ages”, Resource and Energy Economics, 33(2), 410-425. https://doi.org/10.1016/j.reseneeco.2010.05.004

Bockarjova, M., Rietveld, P., & Verhoef, E. T. (2012), Composite Valuation of Immaterial Damage in Flooding: Value of Statistical Life, Value of Statistical Evacuation an. Tinbergen Institute, Tinbergen Institute Discussion Papers: 12-047/3. https://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1365311&lang=ja&site=ehost-live http://papers.tinbergen.nl/12047.pdf

Bockarjova, M., Rietveld, P., & Verhoef, E. T. (2012), Scale, Scope and Cognition: Context Analysis of Multiple Stated Choice Experiments on the Values of Life and Limb, Tinbergen Institute, Tinbergen Institute Discussion Papers: 12-046/3. https://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1310939&lang=ja&site=ehost-live http://www.tinbergen.nl/discussionpapers/12046.pdf

Cameron, M., Gibson, J., Helmers, K., Lim, S., Tressler, J., & Vaddanak, K. (2010), “The value of statistical life and cost-benefit evaluations of landmine clearance in Cambodia”, Environment and Development Economics, 15, 395-416. https://doi.org/10.1017/s1355770x10000069

Cameron, T. A., & DeShazo, J. R. (2013), “Demand for health risk reductions”, Journal of Environmental Economics and Management, 65(1), 87-109. https://doi.org/10.1016/j.jeem.2012.05.008

Cao, C., Song, X., Cai, W., Li, Y., Cong, J., Yu, X., Gao, M., Wang, C. (2021), “Estimating the Value of Statistical Life in China: A Contingent Valuation Study in Six Representative Cities”, Chinese Journal of Population, Resources and Environment, 21(4), 269-278. https://doi.org/10.1016/j.cjpre.2023.11.009

Carlin, P., Dixon, B. E., Simon, K. I., Sullivan, R., & Wing, C. (2022), How Undervalued is the Covid-19 Vaccine? Evidence from Discrete Choice Experiments and VSL Benchmarks, National Bureau of Economic Research, Inc, NBER Working Papers: 30118. https://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1982183&site=ehost-live. http://www.nber.org/papers/w30118.pdf

Carlsson, F., Daruvala, D., & Jaldell, H. (2010), “Value of Statistical Life and Cause of Accident: A Choice Experiment”, Risk Analysis, 30(6), 975-986. https://doi.org/10.1111/j.1539-6924.2010.01399.x

Champahom, T., Banyong, C., Hantanong, N., Se, C., Jomnonkwao, S., & Ratanavaraha, V. (2023), “Factors Influencing the Willingness to Pay for Motorcycle Safety Improvement: A Structural Equation Modeling Approach”, Transportation Research Interdisciplinary Perspectives, 22(9), Article 100950. https://doi.org/10.1016/j.trip.2023.100950

Chanel, O., & Luchini, S. (2014), “Monetary values for risk of death from air pollution exposure: a context-dependent scenario with a control for intra-familial altruism”, Journal of Environmental Economics and Policy, 3(1), 67-91. https://doi.org/10.1080/21606544.2013.863743

Chaturabong, P., Kanitpong, K., & Jiwattanakulpaisarn, P. (2011), “Analysis of Costs of Motorcycle Accidents in Thailand by Willingness to Pay Method”, Transportation Research Record, 2239(1), 56-63. https://doi.org/10.3141/2239

Chestnut, L. G., Rowe, R. D., & Breffle, W. S. (2012), “Economic Valuation of Mortality-Risk Reduction: Stated Preference Estimates from the United States and Canada”, Contemporary Economic Policy, 30(3), 399-416. https://doi.org/10.1111/j.1465-7287.2011.00269.x

de Lima, M. (2020), “The Value of a Statistical Life in Mexico”, Journal of Environmental Economics and Policy, 9(2), 140-166. https://doi.org/10.1080/21606544.2019.1617196

Elin, V., Mattias, P., Sara, O., & Lars, H. (2022), “Is Prevention of Suicide Worth Less? A Comparison of the Value per Statistical Life”, European Journal of Health Economics, 23(2), 261-275. https://doi.org/10.1007/s10198-021-01361-6

Fattahi, S., Azami, S., & Naderi, A. (2019), “Estimating the Value of Risk Reduction for Car Occupants”, European Research Studies, 22(2), 342-352. https://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=EP138112229&lang=ja&site=ehost-live

Flugel, S., Veisten, K., Rizzi, L. I., Ortuzar, J. D., & Elvik, R. (2019), “A Comparison of Bus Passengers' and Car Drivers' Valuation of Casualty Risk Reductions in their Routes”, Accident Analysis and Prevention, 122, 63-75. https://doi.org/10.1016/j.aap.2018.09.028

Ghanem, S., Ferrini, S., & Di Maria, C. (2023), “Air Pollution and Willingness to Pay for Health Risk Reductions in Egypt: A Contingent Valuation Survey of Greater Cairo and Alexandria Households”, World Development, 172. https://doi.org/10.1016/j.worlddev.2023.106373

Gonzalez, R. M., Roman, C., Amador, F. J., Rizzi, L. I., Ortuzar, J. d. D., & Espino, R. (2018), “Estimating the Value of Risk Reductions for Car Drivers When Pedestrians Are Involved: A Case Study in Spain”, Transportation, 45(2), 499-521. https://doi.org/10.1007/s11116-016-9736-0

Grisolia, J. M., Longo, A., Hutchinson, G., & Kee, F. (2018), “Comparing mortality risk reduction, life expectancy gains, and probability of achieving full life span, as alternatives for presenting CVD mortality risk reduction: A discrete choice study of framing risk and health behaviour change”, Social Science & Medicine, 211, 164-174. https://doi.org/10.1016/j.socscimed.2018.06.011

Guignet, D., & Alberini, A. (2015), “Can Property Values Capture Changes in Environmental Health Risks? Evidence from a Stated Preference Study in Italy and the United Kingdom”, Risk Analysis, 35(3), 501-517. https://doi.org/10.1111/risa.12282

Gyrd-Hansen, D., Kjær, T., & Nielsen, J. S. (2016), “The value of mortality risk reductions. Pure altruism - a confounder?”, Journal of Health Economics, 49, 184-192. https://doi.org/10.1016/j.jhealeco.2016.07.002 #

Hammitt, J. K., & Haninger, K. (2010), “Valuing Fatal Risks to Children and Adults: Effects of Disease, Latency, and Risk Aversion”, Journal of Risk and Uncertainty, 40(1), 57-83. https://doi.org/https://link.springer.com/journal/volumesAndIssues/11166

Hammitt, J. K., & Herrera-Araujo, D. (2018), “Peeling Back the Onion: Using Latent Class Analysis to Uncover Heterogeneous Responses to Stated Preference Surveys”, Journal of Environmental Economics and Management, 87, 165-189. https://doi.org/10.1016/j.jeem.2017.06.006

Hammitt, J. K., Geng, F., Guo, X., & Nielsen, C. P. (2019), “Valuing Mortality Risk in China: Comparing Stated-Preference Estimates from 2005 and 2016”, Journal of Risk and Uncertainty, 58(2-3), 167-186. https://doi.org/10.1007/s11166-019-09305-5

Hensher, D. A., Rose, J. M., Ortuzar, J. D., & Rizzi, L. I. (2009), “Estimating the willingness to pay and value of risk reduction for car occupants in the road environment”, Transportation Research Part a-Policy and Practice, 43(7), 692-707. https://doi.org/10.1016/j.tra.2009.06.001

Hensher, D. A., Rose, J. M., Ortuzar, J. D., & Rizzi, L. I. (2011), “Estimating the Value of Risk Reduction for Pedestrians in the Road Environment: An Exploratory Analysis”, Journal of Choice Modelling, 4(2), 70-94. https://doi:10.1016/s1755-5345(13)70058-7

Hoffmann, S., Krupnick, A., & Qin, P. (2017), “Building a Set of Internationally Comparable Value of Statistical Life Studies: Estimates of Chinese Willingness to Pay to Reduce Mortality Risk”, Journal of Benefit-Cost Analysis, 8(2), 251-289. https://doi.org/10.1017/bca.2017.16

Hoffmann, S., Qin, P., Krupnick, A., Badrakh, B., Batbaatar, S., Altangerel, E., & Sereeter, L. (2012), “The Willingness to Pay for Mortality Risk Reductions in Mongolia”, Resource and Energy Economics, 34(4), 493-513. https://doi.org/10.1016/j.reseneeco.2012.04.005

Huang, D., Andersson, H., & Zhang, S. (2018), “Willingness to Pay to Reduce Health Risks Related to Air Quality: Evidence from a Choice Experiment Survey in Beijing”, Journal of Environmental Planning and Management, 61(12), 2207-2229. https://doi.org/http://www.tandfonline.com/loi/cjep20

Jin, Y., Andersson, H., & Zhang, S. Q. (2020), “Do preferences to reduce health risks related to air pollution depend on illness type? Evidence from a choice experiment in Beijing, China”, Journal of Environmental Economics and Management, 103, Article 102355. https://doi.org/10.1016/j.jeem.2020.102355

Jomnonkwao, S., Wisutwattanasak, P., & Ratanavaraha, V. (2021), “Factors Influencing Willingness to Pay for Accident Risk Reduction Among Personal Car Drivers in Thailand”, Plos One, 16(11), 17, Article e0260666. https://doi.org/10.1371/journal.pone.0260666

Kim, B. H. S., Kim, E., Lee, J., & Son, M. (2009), “Elicitation of Health Values from Mortality Risk Reduction”, Social Science Journal, 46(4), 776-786. https://doi.org/10.1016/j.soscij.2009.05.003

Kruger, N. A., & Svensson, M. (2009), “The Impact of Real Options on Willingness to Pay for Mortality Risk Reductions”, Journal of Health Economics, 28(3), 563-569. https://doi.org/10.1016/j.jhealeco.2009.01.002

Lee, G., Lee, Y., Lee, H., Hong, J., & Yang, J. (2015), “Value of a statistical life estimation of carcinogenic chemicals for socioeconomic analysis in Korea”, Environmental Analysis Health and Toxicology, 30 Suppl, s2015005. https://doi.org/10.5620/eht.s2015005

Lee, S. H., & Kang, H. G. (2016), “Integrated Framework for the External Cost Assessment of Nuclear Power Plant Accident Considering Risk Aversion: The Korean Case”, Energy Policy, 92, 111-123. https://doi.org/10.1016/j.enpol.2016.01.035

Lee, Y. J., Lim, Y. W., Yang, J. Y., Kim, C. S., Shin, Y. C., & Shin, D. C. (2011), “Evaluating the PM Damage Cost Due to Urban Air Pollution and Vehicle Emissions in Seoul, Korea”, Journal of Environmental Management, 92(3), 603-609. https://doi.org/10.1016/j.jenvman.2010.09.028

Lee, Y., Yang, J., Lim, Y., & Kim, C. (2021), “Economic Damage Cost of Premature Death due to Fine Particulate Matter in Seoul, Korea”, Environmental Science and Pollution Research, 28(37), 51702-51713. https://doi.org/10.1007/s11356-021-14362-y

Leiter, A. M. (2011), “Age Effects in Monetary Valuation of Reduced Mortality Risks: the Relevance of Age-Specific Hazard Rates”, European Journal of Health Economics, 12(4), 331-344. https://doi.org/10.1007/s10198-010-0240-8

Leiter, A. M., & Pruckner, G. J. (2009), “Proportionality of Willingness to Pay to Small Changes in Risk: The Impact of Attitudinal Factors in Scope Tests”, Environmental and Resource Economics, 42(2), 169-186. https://doi.org/https://link.springer.com/journal/volumesAndIssues/10640

Lemos, S., Halstead, J. M., Mohr, R. D., Susca, P., & Woodward, R. (2020), “Valuing the Cancer Mortality Risk Reduction from Lowering the Arsenic Maximum Contaminant Level in New Hampshire Municipal Water Supplies”, Environmental Management, 65(6), 725-736. https://doi.org/10.1007/s00267-020-01288-3

Meister, A., Winkler, C., Schmid, B., & Axhausen, K. (2023), “In-Store or Online Grocery Shopping before and during the COVID-19 Pandemic”, Travel Behaviour and Society, 30, 291-301. https://doi.org/10.1016/j.tbs.2022.08.010

Mekonnen, A. A., Beza, A. D., & Sipos, T. (2022), “Estimating the Value of Statistical Life in a Road Safety Context Based on the Contingent Valuation Method”, Journal of Advanced Transportation, 2022, 15, Article 3047794. https://doi.org/10.1155/2022/3047794

Mofadal, A. I. A., Kanitpong, K., & Jiwattanakulpaisarn, P. (2015), “Analysis of Pedestrian Accident Costs in Sudan using the Willingness to Pay Method”, Accident Analysis and Prevention, 78, 201-211. https://doi:10.1016/j.aap.2015.02.022

Mohamed, H. A. (2015), “Estimation of Socio-economic Cost of Road Accidents in Saudi Arabia: Willingness to Pay Approach (WTP)”, Advances in Management and Applied Economics, 5(3), 43-61. https://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1527635&lang=ja&site=ehost-live #

Mon, E. E., Jomnonkwao, S., Khampirat, B., Satiennam, T., Ratanavaraha, V. (2021), “Estimating the willingness to pay and the value of fatality risk reduction for car drivers in Myanmar” (2019, vol 2, pg 301) [Correction], Case Studies on Transport Policy, 9(1), 391-391. <Go to ISI>://WOS:000621467500073

Mon, E. E., Jomnonkwao, S., Khampirat, B., & Ratanavaraha, V. (2018), “Myanmar Motorbike Riders' Willingness to Pay for Fatality Risk Reduction”, Suranaree Journal of Science and Technology, 25(2), 131-142. <Go to ISI>://WOS:000438740200002

Mon, E. E., Jomnonkwao, S., Khampirat, B., Satiennam, T., & Ratanavaraha, V. (2019), “Estimating the Willingness to Pay and the Value of Fatality Risk Reduction for Car Drivers in Myanmar”, Case Studies on Transport Policy, 7(2), 301-309. https://doi.org/10.1016/j.cstp.2019.02.010

Mon, E. E., Jomnonkwao, S., Khampirat, B., Satiennam, W., & Ratanavaraha, V. (2018), “Willingness to Pay for Mortality Risk Reduction for Traffic Accidents in Myanmar”, Accident Analysis and Prevention, 118, 18-28. https://doi.org/10.1016/j.aap.2018.05.018

Morisugi, M., Mori, R., Sakamoto, N., Nakajima, K., & Ohno, E. (2016, Jul 10-15), Option Price Model and Evaluation of Time Saving Effect for Emergency Patient of Heat Stroke, Transportation Research Procedia [World conference on transport research - wctr 2016]. 14th World Conference on Transport Research (WCTR), Tongji Univ Shanghai, Shanghai, People's Republic of China. https://doi.org/10.1016/j.trpro.2017.05.267 #

Mussio, I., Chilton, S., Duxbury, D., & Nielsen, J. S. (2023), “Risk-Risk Trade-Off Assessment of Climate-Induced Mortality Risk Changes” [Article; Early Access], Risk Analysis, 17. https://doi.org/10.1111/risa.14185

Nguyen, T. C., Le, H. T., Nguyen, H. D., Ha Le, T., & Nguyen, H. Q. (2021), “Estimating Economic Benefits Associated with Air Quality Improvements in Hanoi City: An Application of a Choice Experiment”, Economic Analysis and Policy, 71, 420-433. https://doi.org/10.1016/j.eap.2021.06.009

Niroomand, N., & Jenkins, G. P. (2016), “Estimating the Value of Life, Injury, and Travel Time Saved Using a Stated Preference Framework”, Accident Analysis and Prevention, 91, 216-225. https://doi.org/10.1016/j.aap.2016.03.004

Niroomand, N., & Jenkins, G. P. (2017), “Estimating the value of life and injury for pedestrians using a stated preference framework”, Journal of Safety Research, 62, 81-87. https://doi.org/10.1016/j.jsr.2017.06.006

Odihi, D., De Broucker, G., Hasan, Z., Ahmed, S., Constenla, D., Uddin, J., & Patenaude, B. (2021), “Contingent Valuation: A Pilot Study for Eliciting Willingness to Pay for a Reduction in Mortality From Vaccine-Preventable Illnesses for Children and Adults in Bangladesh”, Value in Health Regional Issues, 24, 67-76. https://doi.org/10.1016/j.vhri.2020.10.004

Olofsson, S., Gerdtham, U. G., Hultkrantz, L., & Persson, U. (2019), “Dread and Risk Elimination Premium for the Value of a Statistical Life”, Risk Analysis, 39(11), 2391-2407. https://doi.org/10.1111/risa.13341

Olofsson, S., Gerdtham, U. G., Hultkrantz, L., & Persson, U. (2019), “Value of a QALY and VSI estimated with the chained approach”, European Journal of Health Economics, 20(7), 1063-1077. https://doi.org/10.1007/s10198-019-01077-8

Picasso, E., & Cohen, M. A. (2019), “Valuing the public's demand for crime prevention programs: a discrete choice experiment”, Journal of Experimental Criminology, 15(4), 529-550. https://doi.org/10.1007/s11292-019-09378-x

Picasso, E., & Grand, M. C. (2019), “The Value of the Risk to Life in the Context of Crime”, Journal of Benefit-Cost Analysis, 10(2), 178-205, Article Pii s2194588819000125. https://doi.org/10.1017/bca.2019.12

Puttawong, C., & Chaturabong, P. (2020), “Willingness to Pay for Estimation the Risk Pedestrian Group Accident Cost”, Civil Engineering Journal-Tehran, 6(6), 1064-1073. https://doi.org/10.28991/cej-2020-03091529

Reynaud, A., & Nguyen, M. H. (2016), “Valuing Flood Risk Reductions”, Environmental Modeling & Assessment, 21(5), 603-617. https://doi.org/10.1007/s10666-016-9500-z

Rheinberger, C. M. (2009), Paying for Safety: Preferences for Mortality Risk Reductions on Alpine Roads, Fondazione Eni Enrico Mattei, Working Papers: 2009.77. https://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1072419&lang=ja&site=ehost-live

Rheinberger, C. M. (2011), “A Mixed Logit Approach to Study Preferences for Safety on Alpine Roads”, Environmental & Resource Economics, 49(1), 121-146. https://doi.org/10.1007/s10640-010-9427-9

Rheinberger, C. M., Schlapfer, F., & Lobsiger, M. (2018), “A Novel Approach to Estimating the Demand Value of Public Safety”, Journal of Environmental Economics and Management, 89, 285-305. https://doi.org/10.1016/j.jeem.2018.04.002 #

Roldós, M. I., Corso, P., & Ingels, J. (2017), “How much are Ecuadorians Willing to Pay to Reduce Maternal Mortality? Results from a Pilot Study on Contingent Valuation”, International Journal of MCH and AIDS, 6(1), 1-8. https://doi.org/10.21106/ijma.166 #

Scasny, M., & Alberini, A. (2012), “Valuation of Mortality Risk Attributable to Climate Change: Investigating the Effect of Survey Administration Modes on a VSL”, International Journal of Environmental Research and Public Health, 9(12), 4760-4781. https://doi.org/10.3390/ijerph9124760

Schoeters, A., Large, M., Koning, M., Carnis, L., Daniels, S., Mignot, D., Urmeew, R., Wijnen, W., Bijleveld, F., & van der Horst, M. (2022), “Economic valuation of preventing fatal and serious road injuries. Results of a Willingness to Pay study in four European countries”, Accident Analysis and Prevention, 173, 13, Article 106705. https://doi.org/10.1016/j.aap.2022.106705

Soto, J. J., Rizzi, L. I., & Ortúzar, J. D. (2023), “Influence of Survey Engagement and Multiple-Choice Heuristics in the Estimation of the Value of a Statistical Life”, Accident Analysis & Prevention, 190, 107171. https://doi.org/10.1016/j.aap.2023.107171

Svensson, M. (2009), “Precautionary Behavior and Willingness to Pay for a Mortality Risk Reduction: Searching for the Expected Relationship”, Journal of Risk and Uncertainty, 39(1), 65-85. https://doi.org/https://link.springer.com/journal/volumesAndIssues/11166

Svensson, M. (2009), “The Value of a Statistical Life in Sweden: Estimates from Two Studies using the "Certainty Approach" Calibration”, Accident Analysis & Prevention, 41(3), 430-437. https://doi.org/10.1016/j.aap.2009.01.005 #

Sánchez-Martínez, F. I., Martí­nez-Pérez, J. E., Abellán-Perpiñán, J. M., & Pinto-Prades, J. L. (2021), “The Value of Statistical Life in the Context of Road Safety: New Evidence on the Contingent Valuation/Standard Gamble Chained Approach”, Journal of Risk and Uncertainty, 63(2), 203-228. https://doi.org/10.1007/s11166-021-09360-x

Tekesin, C., & Ara, S. (2014), “Measuring the Value of Mortality Risk Reductions in Turkey”, International Journal of Environmental Research and Public Health, 11(7), 6890-6922. https://doi.org/10.3390/ijerph110706890

Veisten, K., Flugel, S., Rizzi, L. I., Ortuzar, J. D., & Elvik, R. (2013), “Valuing Casualty Risk Reductions from Estimated Baseline Risk”, Research in Transportation Economics, 43, 50-61. https://doi.org/10.1016/j.retrec.2012.12.009

Viscusi, W. K., Huber, J., & Bell, J. (2014), “Assessing Whether There Is a Cancer Premium for the Value of a Statistical Life”, Health Economics, 23(4), 384-396. https://doi.org/http://onlinelibrary.wiley.com/journal/10.1002/%28ISSN%291099-1050/issues

Wang, H., & He, J. (2014), “Estimating the Economic Value of Statistical Life in China: A Study of the Willingness to Pay for Cancer Prevention”, Frontiers of Economics in China, 9(2), 183-215. https://doi.org/http://journal.hep.com.cn/fec/EN/article/showOldVolumnList.do

Whitehead, J. C., Morgan, O. A., Huth, W. L., Martin, G. S., & Sjolander, R. (2020), “Altruistic and Private Values For Saving Lives With an Oyster Consumption Safety Program”, Risk Analysis, 40(11), 2413-2426. https://doi.org/10.1111/risa.13556

Wit, R., Helsloot, I., & Koetse, M. J. (2024), “The Value of a Statistical Life in Reducing Fire Risk: A Choice Experiment among Dutch Citizens”, Safety Science, 169, 17, Article 106322. https://doi.org/10.1016/j.ssci.2023.106322

Yang, Z., Liu, P., & Xu, X. (2016), “Estimation of Social Value of Statistical Life using Willingness to Pay Method in Nanjing, China”, Accident Analysis & Prevention, 95, 308-316. https://doi.org/10.1016/j.aap.2016.04.026

List of revealed preference (RP) studies

Aldy, J. E. (2019), “Birds of a feather: Estimating the value of statistical life from dual-earner families”, Journal of Risk and Uncertainty, 58(2-3), 187-205. https://doi.org/10.1007/s11166-019-09303-7

Benkhalifa, A. (2016), “Compensating Wage Differentials for Workplace Accidents: Evidence for Union and Non-union Workers in Tunisia”, Journal of Economic Cooperation and Development, 37(4), 1-20. https://doi.org/http://www.sesric.org/publications-jecd-volumes.php

Benkhalifa, A., Lanoie, P., & Ayadi, M. (2013), “Estimated Hedonic Wage Function and Value of Life in an African Country”, Economics Bulletin, AccessEcon, 33(4), 3023-3031.

Chikitani, M. (2021), Uncertainty over Fatality Risks and the Value of Statistical Life (Publication Number Ph.D.), University of Chicago. EconLit with Full Text. https://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1936245&site=ehost-live

Cole, M. A., Elliott, R. J. R., & Lindley, J. K. (2009), “Dirty Money: Is There a Wage Premium for Working in a Pollution Intensive Industry?”, Journal of Risk and Uncertainty, 39(2), 161-180. https://doi.org/https://link.springer.com/journal/volumesAndIssues/11166

DeLeire, T., Khan, S., & Timmins, C. (2013), “Roy Model Sorting and Nonrandom Selection in the Valuation of a Statistical Life”, International Economic Review, 54(1), 279-306. https://doi.org/http://onlinelibrary.wiley.com/journal/10.1111/%28ISSN%291468-2354/issues

Emery, J. C. H., & Matheson, J. A. (2012), “Should Income Transfers Be Targeted or Universal? Insights from Public Pension Influences on Elderly Mortality in Canada, 1921-1966”, Canadian Journal of Economics, 45(1), 247-269. https://doi.org/http://onlinelibrary.wiley.com/journal/10.1111/%28ISSN%291540-5982

Ervin, P. (2016), Essays on the Economics of Disease Control and Child Malnutrition (Publication Number Ph.D.), Washington State University. EconLit with Full Text. https://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1607814&lang=ja&site=ehost-live

Evans, M. F., & Schaur, G. (2010), “A Quantile Estimation Approach to Identify Income and Age Variation in the Value of a Statistical Life”, Journal of Environmental Economics and Management, 59(3), 260-270. https://doi.org/10.1016/j.jeem.2009.11.004 #, §, &

Gentry, E. P., & Viscusi, W. K. (2016), “The Fatality and Morbidity Components of the Value of Statistical Life”, Journal of Health Economics, 46, 90-99. https://doi.org/10.1016/j.jhealeco.2016.01.011

Greenberg, K., Greenstone, M., Ryan, S., & Yankovich, M. (2021), The Heterogeneous Value of a Statistical Life: Evidence from U.S. Army Reenlistment Decisions, C.E.P.R. Discussion Papers, CEPR Discussion Papers: 16425. https://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1946054&site=ehost-live

Guardado, J. R., & Ziebarth, N. R. (2019), “Worker Investments in Safety, Workplace Accidents, and Compensating Wage Differentials”, International Economic Review, 60(1), 133-155. https://www.jstor.org/stable/45117638

Guo, X., & Hammitt, J. K. (2009), “Compensating Wage Differentials with Unemployment: Evidence from China”, Environmental and Resource Economics, 42(2), 187-209. https://doi.org/https://link.springer.com/journal/volumesAndIssues/10640

Hammitt, J. K., Liu, J.-T., & Liu, J.-L. (2022), “Is Survival a Luxury Good? Income Elasticity of the Value per Statistical Life”, Journal of Risk and Uncertainty, 65(3), 239-260. https://doi.org/10.1007/s11166-022-09397-6

Herrera-Araujo, D., & Rochaix, L. (2020), “Does the Value per Statistical Life Vary with Age or Baseline Health? Evidence from a Compensating Wage Study in France”, Journal of Environmental Economics and Management, 103, 18, Article 102338. https://doi.org/10.1016/j.jeem.2020.102338

Hersch, J., & Viscusi, W. K. (2010), “Immigrant Status and the Value of Statistical Life”, Journal of Human Resources, 45(3), 749-771. https://www.jstor.org/stable/25703475

Hintermann, B., Alberini, A., & Markandya, A. (2010), “Estimating the Value of Safety with Labour Market Data: Are the Results Trustworthy?”, Applied Economics, 42(7-9), 1085-1100. https://doi.org/http://www.tandfonline.com/loi/raec20

Hugonnier, J., Pelgrin, F., & St-Amour, P. (2022), ‘Valuing Life as an Asset, as a Statistic and at Gunpoint’, The Economic Journal, 132(643), 1095-1122. https://doi.org/10.1093/ej/ueab072

Kniesner, T. J., Viscusi, W. K., & Ziliak, J. P. (2009), Policy Relevant Heterogeneity in the Value of Statistical Life: New Evidence from Panel Data Quantile Regressions, Center for Policy Research, Maxwell School, Syracuse University, Center for Policy Research Working Papers: 118. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1072781〈=ja&site=ehost-live Retrieved from http://www-cpr.maxwell.syr.edu/cprwps/pdf/wp118.pdf §, &

Kniesner, T. J., Viscusi, W. K., & Ziliak, J. P. (2014), “Willingness to Accept Equals Willingness to Pay for Labor Market Estimates of the Value of a Statistical Life”, Journal of Risk and Uncertainty, 48(3), 187-205. https://doi.org/10.1007/s11166-014-9192-1 §

Kniesner, T. J., Viscusi, W. K., Woock, C., & Ziliak, J. P. (2012), “The Value of Statistical Life: Evidence from Panel Data”, Review of Economics and Statistics, 94(1), 74-87. https://doi.org/10.1162/REST_a_00229

Kochi, I., & Taylor, L. O. (2011), “Risk Heterogeneity and the Value of Reducing Fatal Risks: Further Market-Based Evidence”, Journal of Benefit-Cost Analysis, 2(3), Article Unsp 1. https://doi.org/10.2202/2152-2812.1079

Lavetti, K. (2011), Essays on Estimation of Prices in Implicit Markets (Publication Number Ph.D.), Cornell University. eoh. http://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1335272&site=ehost-live

Lavetti, K. (2020), “The Estimation of Compensating Wage Differentials: Lessons from the Deadliest Catch”, Journal of Business and Economic Statistics, 38(1), 165-182. https://doi.org/10.1080/07350015.2018.1470000

Lee, J. (2012), A Quasi-experimental Approach to Estimating the Value of Reducing Risk, North Carolina State University, Retrieved from http://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1404693〈=ja&site=ehost-live Available from EBSCOhost EconLit with Full Text database. (Ph.D.)

Lee, J., & Taylor, L. O. (2019), “Randomized Safety Inspections and Risk Exposure on the Job: Quasi-experimental Estimates of the Value of a Statistical Life”, American Economic Journal-Economic Policy, 11(4), 350-374. doi:10.1257/pol.20150024

Leon, G., & Miguel, E. (2017), “Risky Transportation Choices and the Value of a Statistical Life”, American Economic Journal: Applied Economics, 9(1), 202-228. https://doi.org/10.1257/app.20160140 #

Liou, J. L. (2019), “Effect of Income Heterogeneity on Valuation of Mortality Risk in Taiwan: An Application of Unconditional Quantile Regression Method”, International Journal of Environmental Research and Public Health, 16(9), Article 1620. https://doi.org/10.3390/ijerph16091620

Lloyd-Smith, P., Schram, C., Adamowicz, W., & Dupont, D. (2018), “Endogeneity of Risk Perceptions in Averting Behavior Models”, Environmental and Resource Economics, 69(2), 217-246. https://doi.org/10.1007/s10640-016-0075-6

Majumder, A., & Madheswaran, S. (2022), “Discounting Long-Term Job-Related Health Risks in the Context of Indian Workers”, Indian Journal of Labour Economics, 65(4), 1099-1120. https://doi.org/10.1007/s41027-022-00415-4

Mardones, C., & Riquelme, M. (2018), “Estimation of the Value of Statistical Life in Chile and Extrapolation to Other Latin American Countries”, Latin American Research Review, 53(4), 815-830. https://doi.org/10.25222/larr.61

Marvasti, A. (2020), “Value of Life and Injury: Evidence from a U.S. Fishery”, Contemporary Economic Policy, 38(4), 711-722. https://doi.org/10.1111/coep.12472

Miyazato, N. (2011), “Estimating the Value of a Statistical Life Using Labor Market Data”, Japanese Economy, 38(4), 65-108. https://doi.org/10.2753/JES1097-203X380403 #, §

Munro, A. (2018), “Economic Valuation of a Rise in Ambient Radiation Risks: Hedonic Pricing Evidence from the Accident in Fukushima”, Journal of Regional Science, 58(3), 635-658. https://doi.org/10.1111/jors.12381

O'Brien, J. (2018). Age, autos, and the value of a statistical life. Journal of Risk and Uncertainty, 57(1), 51-79. https://doi.org/10.1007/s11166-018-9285-3

Parada-Contzen, M. V. (2019), ‘The Value of a Statistical Life for Risk-Averse and Risk-Seeking Individuals’, Risk Analysis, 39(11), 2369-2390. https://doi.org/10.1111/risa.13329

Parada-Contzen, M., Riquelme-Won, A., & Vasquez-Lavin, F. (2013), ‘The Value of a Statistical Life in Chile’, Empirical Economics, 45(3), 1073-1087. https://doi.org/10.1007/s00181-012-0660-7 #, §

Polat, S. (2014), ‘Wage compensation for risk: The case of Turkey’, Safety Science, 70, 153-160. https://doi.org/10.1016/j.ssci.2014.05.018 #

Powell, D. (2010), Heterogeneity in Income Tax Incidence: Are the Wages of Dangerous Jobs More Responsive to Tax Changes than the Wages of Safe Jobs? RAND Corporation Publications Department, Working Papers: 706-1. http://dx.doi.org/10.2139/ssrn.1722928

Qin, X. Z., Li, L. X., & Liu, Y. Y. (2013). The value of life and its regional difference in China. China Agricultural Economic Review, 5(3), 373-390. https://doi.org/10.1108/caer-06-2011-0065 #

Rafiq, M., Shah, M. K., & Nasir, M. (2010), “The Value of Reduced Risk of Injury and Deaths in Pakistan - Using Actual and Perceived Risk Estimates” [with Comments], The Pakistan Development Review, 49(4), 823-836. http://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=EP85600590&site=ehost-live

Reynolds, Z., Nahm, D., & MacMillan, C. (2022), “Compensating Wage Differentials for Job Fatality and Injury Risk in Australia”, Economic Record, 98(321), 152-165. https://doi.org/10.1111/1475-4932.12660

Rohlfs, C. (2012), “The Economic Cost of Conscription and an Upper Bound on the Value of a Statistical Life: Hedonic Estimates from Two Margins of Response to the Vietnam Draft”, Journal of Benefit-Cost Analysis, 3(3), 36. https://doi.org/10.1515/2152-2812.1107

Rohlfs, C., Sullivan, R., & Kniesner, T. (2015), “New Estimates of the Value of a Statistical Life Using Air Bag Regulations as a Quasi-experiment”, American Economic Journal: Economic Policy, 7(1), 331-359. https://doi.org/http://www.aeaweb.org/aej-policy/

Saha, N. (2021). Essays on the Value of Health and Longevity (Publication Number Ph.D.). Arizona State University. EconLit with Full Text. https://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1935633&site=ehost-live

Schaffner, S., & Spengler, H. (2010). Using Job Changes to Evaluate the Bias of Value of a Statistical Life Estimates. Resource and Energy Economics, 32(1), 15-27. https://doi.org/10.1016/j.reseneeco.2009.06.001

Schnier, K. E., Horrace, W. C., & Felthoven, R. G. (2009), The Value of Statistical Life: Pursuing the Deadliest Catch, Center for Policy Research, Maxwell School, Syracuse University, Center for Policy Research Working Papers: 117. http://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1072780〈=ja&site=ehost-live. Retrieved from http://www-cpr.maxwell.syr.edu/cprwps/pdf/wp117.pdf

Scotton, C. R. (2013), “New Risk Rates, Inter-Industry Differentials and the Magnitude of VSL Estimates”, Journal of Benefit-Cost Analysis, 4(1), 39-80. https://doi.org/10.1515/jbca-2012-0015

Scotton, C. R., & Taylor, L. O. (2011), “Valuing risk reductions: Incorporating risk heterogeneity into a revealed preference framework”, Resource and Energy Economics, 33(2), 381-397. https://doi.org/10.1016/j.reseneeco.2010.06.001

Shanmugam, K. R. (2011). Discount Rate for Health Benefits and the Value of Life in India. Economics Research International. https://doi.org/10.1155/2011/191425 #

Shrestha, M. (2017). Get Rich or Die Tryin': Perceived earnings, perceived mortality rate and the value of a statistical life of potential work-migrants from Nepal. The World Bank, Policy Research Working Paper Series: 7945. http://documents.worldbank.org/curated/en/112411485188909692/Get-rich-or-die-tryin-perceived-earnings-perceived-mortality-rate-and-the-value-of-a-statistical-life-of-potential-work-migrants-from-Nepal

Tsai, W.-J., Liu, J.-T., & Hammitt, J. K. (2011), “Aggregation Biases in Estimates of the Value per Statistical Life: Evidence from Longitudinal Matched Worker-Firm Data in Taiwan”, Environmental and Resource Economics, 49(3), 425-443. https://doi.org/https://link.springer.com/journal/volumesAndIssues/10640

Viscusi, W. K. (2013), “Using Data from the Census of Fatal Occupational Injuries to Estimate the 'Value of a Statistical Life'”, Monthly Labor Review. https://www.bls.gov/opub/mlr/2013/article/using-data-from-the-census-of-fatal-occupational-injuries-to-estimate-the.htm §

Viscusi, W. K., & Gentry, E. P. (2015), “The Value of a Statistical Life for Transportation Regulations: A Test of the Benefits Transfer Methodology”, Journal of Risk and Uncertainty, 51(1), 53-77. https://doi.org/https://link.springer.com/journal/volumesAndIssues/11166

Witvorapong, N., & Komonpaisarn, T. (2020), “The Value of a Statistical Life in Thailand: Evidence from the Labour Market”, Journal of Consumer Policy, 43(3), 491-518. https://doi.org/10.1007/s10603-019-09431-2

Zan, H., & Scharff, R. L. (2017), “Regional Differences in the Value of Statistical Life”, Journal of Consumer Policy, 40(2), 157-176. https://doi.org/https://link.springer.com/journal/volumesAndIssues/10603

Notes to reference list above (references below):

# Identified from Keller et al. (2021)

+ Identified from Ginbo et al. (2023)

§ Identified from Viscusi (2018)

& Identified from Viscusi and Masterman (2017)

References of reviews where additional studies were identified:

Ginbo, T., Adamowicz, W., & Lloyd-Smith, P. (2023). “Valuing Mortality Risk Reductions in Canada: An Updated Meta-Analysis and Policy Guidance”. Canadian Public Policy, 49(3), 233-251. https://doi.org/10.3138/cpp.2022-052

Keller, E., Newman, J. E., Ortmann, A., Jorm, L. R., & Chambers, G. M. (2021). “How much is a human life worth? A systematic review”. Value in Health, 24(10), 1531-1541. https://doi.org/10.1016/j.jval.2021.04.003 [RP and SP]

Majumder, A., & Madheswaran, S. (2017). Compensating wage differential and value of statistical life: a meta-analysis. The Indian Journal of Labour Economics, 60, 527-548. https://doi.org/10.1007/s41027-018-0102-y [RP]

Viscusi, W. K. (2018). Best estimate selection bias in the value of a statistical life. Journal of Benefit-Cost Analysis, 9(2), 205-246. https://doi.org/10.1017/bca.2017.21 [RP]

Viscusi, W. K., & Masterman, C. J. (2017). Income elasticities and global values of a statistical life. Journal of Benefit-Cost Analysis, 8(2), 226-250. https://doi.org/10.1017/bca.2018.20