Titlebook: Contingent Valuation, Transport Safety and the Value of Life; Nathalie G. Schwab Christe (co-editor, Senior Rese Book 1995 Springer Scienc

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0926-972X h. Although it is impossible to assign a price tothese goods on the basis of market mechanisms alone, the fact thatthey have no price does not mean that they have no value. Onetechnique in which economists have shown a marked interest is thecontingent valuation method (CVM), which has mainly been us

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https://doi.org/10.1007/978-3-319-15090-1sufferings and deprivation caused by traffic accidents called “the loss of welfare”. This “loss of welfare” is calculated for the injury categories death, serious injury and slight injury by multiplying the avoided costs by 2, 1/3 and 1/15 respectively.

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Book 1995h it is impossible to assign a price tothese goods on the basis of market mechanisms alone, the fact thatthey have no price does not mean that they have no value. Onetechnique in which economists have shown a marked interest is thecontingent valuation method (CVM), which has mainly been used toassig

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Message Sets for Vehicular Communicationsmental goods and services are non-marketed, so that a clearly visible and reliable price for them is absent. If a monetary value is to be obtained in this instance, we must often resort to one of the many approaches to economic valuation available..

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