The value of statistical life : a willingness to accept approach in Singapore road fatality context

• Main Authors: Ong, Jia Hon, Lee, Shermeen Kah Yee, Wong, Nicole Miin Yi
• Other Authors: Chia Wai Mun
• Format: Final Year Project
• Language: English
• Published: 2015
• Subjects: DRNTU::Social sciences::Economic theory::Macroeconomics
• Online Access: http://hdl.handle.net/10356/62471
• Institution: Nanyang Technological University

This research serves to be the first VOSL study in the context of road fatality in Singapore that employs the WTA elicitation methodology. A significant disparity which exists between WTP and WTA underscores the importance of selecting the right methodology when performing CBA. Research studies have...