Article ID Journal Published Year Pages File Type
989762 World Development 2007 20 Pages PDF
Abstract

SummaryThis paper presents estimates of the value of statistical life (VSL) in rural Thailand using the contingent-valuation (CV) method. These estimates are applied to an economic analysis of landmine clearance. The estimated VSL of US$250 000 suggests that the value of lives saved from landmine clearance is at least an order of magnitude greater than the values used in existing studies.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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