Sensitivity (proportionality) of willingness to pay to (small) risk changes is often used as a criterion to test for … 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 …

Sensitivity (proportionality) of willingness to pay to (small) risk changes is often used as a criterion to test for …,005 respondents were asked their willingness to pay (WTP) for preventing an increase in risk by 1/42,500 and 3/42,500, respectively …. WTP for the higher risk variation is significantly higher than WTP for the lower risk change. We find evidence that those …

and risk perceptions affect marginal willingness to pay (MWTP) to reduce risk, using data from a stated preference survey …. Results indicate that risk perceptions individuals held before receiving risk information are plausibly related to objective … risk factors and reflect individual-specific information not found in aggregate measures of objective risk. After receiving …