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Dread risks

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Abstract

It is a well-established fact that many people view the prospect of premature death by some causes with considerably more disquiet or “dread” than death by other causes. It is equally clear that for most people their personal risk of death by a given cause is also a matter of serious concern. This article reports the findings of a study aimed at estimating the effects of dread and personal risk of death by a specific cause on the willingness-to-pay based Value of Statistical Life (VSL) for that cause.

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Authors and Affiliations

  1. University of Newcastle, Ridley Building, Claremont Road, Newcastle, NE1 7RU, United Kingdom

    Susan Chilton, Michael Jones-Lee, Francis Kiraly, Hugh Metcalf & Wei Pang

Authors
  1. Susan Chilton
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  2. Michael Jones-Lee
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  3. Francis Kiraly
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  4. Hugh Metcalf
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  5. Wei Pang
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Corresponding author

Correspondence to Michael Jones-Lee.

Additional information

JEL Classification J17

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Chilton, S., Jones-Lee, M., Kiraly, F. et al. Dread risks. J Risk Uncertainty 33, 165–182 (2006). https://doi.org/10.1007/s11166-006-0483-z

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  • DOI: https://doi.org/10.1007/s11166-006-0483-z

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