The value of mortality risk reductions in Delhi, India

By Soma Bhattacharya, Anna Alberini, M. Cropper. 2006

124 citations recorded by the source corpus.

We interviewed commuters in Delhi, India, to estimate their willingness to pay (WTP) to reduce their risk of dying in road traffic accidents in three scenarios that mirror the circumstances under which traffic fatalities occur in Delhi. The WTP responses are internally valid: WTP increases with the size of the risk reduction, income, and exposure to road traffic risks, as measured by length of commute and whether the respondent drives a motorcycle. As a result, the value of a statistical life (VSL) varies across groups of beneficiaries. For the most highly-exposed individuals the VSL is about 150,000 Purchasing Power Parity (PPP) dollars.

Subfields: Economics and Econometrics, Safety, Risk, Reliability and Quality, Transportation

View Paper: https://www.semanticscholar.org/paper/0fd14e2219741618972fa0e28d79329ef6d8b7fa

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Citations in the corpus

The value of a statistical life (2009, unknown): “As shown in the table, the magnitude of the estimates are vastly different, ranging from 150,000 (Bhattacharya et al., 2007) to ca.”
Envirodevonomics: A Research Agenda for an Emerging Field (2015, methodology): “17Other estimates of VSL numbers for developing countries are highly variable depending on the methodology employed (see Viscusi and Aldy (2003) for a summary and León and Miguel (2012) and Bhattacharya et al. (2007) for examples of different methods).”