Estimating the willingness to pay and value of risk reduction for car occupants in the road environment

DA Hensher, JM Rose, J de Dios Ortuzar… - … research part A: policy …, 2009 - Elsevier
… and injury avoidance, which are then aggregated to obtain estimates of the value of risk
reduction (VRR), of which the fatality class is also known as the value of a statistical life (VSL). …

Estimating the value of risk reduction for pedestrians in the road environment: An exploratory analysis

DA Hensher, JM Rose, J de Dios Ortúzar… - Journal of Choice …, 2011 - Elsevier
… the value of risk reduction (VRR). Keywords: Value of statistical life, value of risk reduction,
fatalities, serious injury, pedestrians, choice experiment, willingness to pay, survey, Australia …

Values of risk reduction implied by motorist use of protection equipment: new evidence from different populations

GC Blomquist, TR Miller, DT Levy - Journal of Transport Economics and …, 1996 - JSTOR
… of the values of risk reduction are derived, based on the magnitude of the change in risk from
the … Values are determined by examining the tradeoff of time and convenience for increased …

[HTML][HTML] Does mitigation save? Reviewing cost-benefit analyses of disaster risk reduction

CM Shreve, I Kelman - International journal of disaster risk reduction, 2014 - Elsevier
… Flood risk reduction was the most commonly reported BCR (N=15), with an average value
of 60 … The highest BCR values pertaining to flood risk reduction were reported for mangrove …

The social value of mortality risk reduction: VSL versus the social welfare function approach

MD Adler, JK Hammitt, N Treich - Journal of Health Economics, 2014 - Elsevier
… social value of risk reduction increases with baseline risk for … , but is independent of baseline
risk for W U and W EPUP . … risk cannot have the property of “equal value of risk reduction,” …

Consumer's risk-reduction strategies: a review and synthesis

VW Mitchell, PJ McGoldrick - International Review of Retail …, 1996 - Taylor & Francis
… The challenges of quantifying the cost of inputs (marketing variables) are not too formidable;
a greater challenge is to quantify the value of the riskreduction strategy to the consumer. …

Altruistic and private valuations of risk reduction

WK Viscusi, WA Magat, A Forrest - Journal of Policy Analysis …, 1988 - Wiley Online Library
… of risk reductions differed and whether consumers would be willing to pay a premium over
their value of risk … One of the questions asked the subjects to value the same risk reduction

Valuation of childhood risk reduction: The importance of age, risk preferences, and perspective

C Dockins, RR Jenkins, N Owens, NB Simon… - Risk …, 2002 - Wiley Online Library
… Ideally, we wish to estimate the value for a given risk reduction that children themselves
would pay if they had mature reason and financial resources. Because children generally fail to …

Variance reduction techniques for estimating value-at-risk

P Glasserman, P Heidelberger… - Management …, 2000 - pubsonline.informs.org
This paper describes, analyzes and evaluates an algorithm for estimating portfolio loss
probabilities using Monte Carlo simulation.Obtaining accurate estimates of such loss …

Risk reduction and umbrella branding

CA Montgomery, B Wernerfelt - Journal of Business, 1992 - JSTOR
… In this context, umbrella branding lowers the cost of risk reduction… In particular, we demonstrate
the risk-reduction effect of umbrella … The risk-reduction hypothesis, that values of branded …