Messer, Kent D.; Poe, Gregory L.; Schulze, William D. - Charles H. Dyson School of Applied Economics and … - 2008
In 1996 Johannesson et al. published a paper in this journal entitled “The Value of Private Safety versus the Value of Public Safety.” Based on preliminary evidence from a hypothetical contingent valuation study, these authors argue that consumers behave as “pure altruists” and reject...