Leiter, Andrea M.; Pruckner, Gerald J. - Institut für Finanzwissenschaft, Fakultät für …
asked their willingness to pay (WTP) for preventing an increase in the risk of being killed in an avalanche of 1/42,500 and … 3/42,500 respectively. WTP for the higher variation in risk is significantly greater than WTP for the lower risk change … past. Proportionality of WTP holds if such prior experience is taken into account and if attitudinal factors in scope tests …