Environmental Economics

Valuing Reductions in Risk: A Review of the Empirical Estimates - Summary

This document is a summary of a report reviewing empirical estimates of the values associated with changes in health risks (see report series listing above for link). The emphasis is on presenting overviews of the research and the conclusions drawn by the review. In many cases, only a brief discussion of the different studies is incorporated here. Those desiring more detail are referred to the main report. The project focuses only on willingness-to-pay (WTP) and willingness-to-accept-compensation (WTA) estimates for valuing changes in risks.