The value of the risk to life in the context of crime

Abstract: Abstract: The value of the risk to life is a key element for benefit-cost analysis, enabling more rational public policy decisions in diverse areas as environmental, health, and crime.Wevalue the risk to life in the context of crime using a discrete choice experiment (CE). The method ha...

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Autores principales: Picasso, Emilio, Conte Grand, Mariana
Formato: Artículo
Lenguaje:Inglés
Publicado: Cambridge University Press 2022
Materias:
VALOR DEL RIESGO
RIESGO
ANALISIS COSTO-BENEFICIO
TOMA DE DECISIONES
Acceso en línea:https://repositorio.uca.edu.ar/handle/123456789/14692
Aporte de:
Repositorio Institucional de la Universidad Católica Argentina (UCA) de Universidad Católica Argentina
id I33-R139-123456789-14692
record_format dspace
institution Universidad Católica Argentina
institution_str I-33
repository_str R-139
collection Repositorio Institucional de la Universidad Católica Argentina (UCA)
language Inglés
topic VALOR DEL RIESGO
RIESGO
ANALISIS COSTO-BENEFICIO
TOMA DE DECISIONES
spellingShingle VALOR DEL RIESGO
RIESGO
ANALISIS COSTO-BENEFICIO
TOMA DE DECISIONES
Picasso, Emilio
Conte Grand, Mariana
The value of the risk to life in the context of crime
topic_facet VALOR DEL RIESGO
RIESGO
ANALISIS COSTO-BENEFICIO
TOMA DE DECISIONES
description Abstract: Abstract: The value of the risk to life is a key element for benefit-cost analysis, enabling more rational public policy decisions in diverse areas as environmental, health, and crime.Wevalue the risk to life in the context of crime using a discrete choice experiment (CE). The method has clear advantages in that it applies to the whole population and does not require vast data from labor markets, for example. Such data are not always available even in developed economies.Combining the stated preference approachwith contingent valuation (CV), CE offer advantages yet to be explored in the context of crime. We demonstrate the application in a developing economy, where similar valuations are not available. The best estimate obtained for Argentina is an average of 1.5 million in 2015US dollars per statistical lifewith a confidence interval ($1.1–$2.3). This result is consistent with estimates for the developedworld, after appropriate transfer.We also analyze demographic factors in the risk to life, finding a positive influence of income, risk aversion, previous victimization experience and family size on the value of a statistical life, as well as a negative impact of individualism.
format Artículo
author Picasso, Emilio
Conte Grand, Mariana
author_facet Picasso, Emilio
Conte Grand, Mariana
author_sort Picasso, Emilio
title The value of the risk to life in the context of crime
title_short The value of the risk to life in the context of crime
title_full The value of the risk to life in the context of crime
title_fullStr The value of the risk to life in the context of crime
title_full_unstemmed The value of the risk to life in the context of crime
title_sort value of the risk to life in the context of crime
publisher Cambridge University Press
publishDate 2022
url https://repositorio.uca.edu.ar/handle/123456789/14692
work_keys_str_mv AT picassoemilio thevalueoftherisktolifeinthecontextofcrime
AT contegrandmariana thevalueoftherisktolifeinthecontextofcrime
AT picassoemilio valueoftherisktolifeinthecontextofcrime
AT contegrandmariana valueoftherisktolifeinthecontextofcrime
bdutipo_str Repositorios
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