Rizzi, Luis I.; Ortúzar, Juan de Dios - In: Journal of Transport Economics and Policy 40 (2006) 1, pp. 69-94
The value of fatal risk reductions is a vital input for road safety cost-benefit analysis and has been traditionally estimated by means of contingent valuation in spite of the growing criticism surrounding this approach. Furthermore, many scholars believe that risk-money trade-offs are not well...