The Value of Mortality Risk Reductions in Delhi, India

The authors interviewed commuters in Delhi, India, asking them to report their willingness to pay (WTP) to reduce their risk of dying in road traffic accidents in each of three scenarios that mirror the circumstances under which the majority of the road fatalities in Delhi occur. The WTP responses are internally valid, in the sense that WTP increases with the size of the risk reduction, income, and exposure to road traffic risks, as measured by length of commute and whether the respondent drives a two-wheeler. As a result, the "value of a statistical life" (VSL) is individuated-that is, it varies across groups of beneficiaries. For the most likely beneficiaries of road safety programs-the most highly exposed individuals-the VSL is about 150,000 PPP$.

Bibliographic Details

Main Authors:	Bhattacharya, Soma, Alberini, Annaf, Cropper, Maureen L.
Language:	English en_US
Published:	World Bank, Washington, DC 2006-08
Subjects:	ACCIDENT HISTORY, AUTOMOBILE, AUTOMOBILE PRICES, AUTOMOBILE SAFETY, AUTOMOBILES, BENEFICIARIES, BICYCLE HELMETS, BICYCLISTS, BUS, BUS TRIP, BUSES, CAR, CAR MARKET, CARS, COMMUTERS, COMMUTING, CONSUMERS, COST OF TRAFFIC, CRASHES, DRIVERS, DRIVING, ELASTICITY, ENVIRONMENTAL PROTECTION, ENVIRONMENTAL PROTECTION AGENCY, EQUATIONS, FATAL ACCIDENT, FATAL ACCIDENTS, FATAL TRAFFIC, FATALITIES, FRAMEWORK, FUEL, FUEL EFFICIENCY, GRADE, HEALTH STATUS, HEDONIC PRICE, HEDONIC PRICE APPROACH, IMPROVEMENTS IN ROAD SAFETY, INCOME, INCOME GROUPS, INFORMED DECISIONS, INJURIES, INJURY, JOURNEY, JOURNEY TO WORK, MEAN VALUE, MODE OF TRANSPORTATION, MORTALITY, MOTOR SCOOTERS, MOTOR VEHICLE, MOTOR VEHICLES, MOTORCYCLES, MOTORCYCLISTS, MOTORIST, PASSENGER, PASSENGERS, PEDESTRIAN, PEDESTRIANS, POLICE, POLLUTION, RATES, RIGHT-HAND SIDE, RISK REDUCTION, ROAD, ROAD ACCIDENTS, ROAD CRASHES, ROAD SAFETY, ROAD SAFETY IMPROVEMENTS, ROAD SAFETY PROGRAMS, ROAD SAFETY PROJECTS, ROAD TRAFFIC, ROAD TRAFFIC ACCIDENTS, ROAD TRAFFIC FATALITIES, SAFER ROAD, SAFETY EQUIPMENT, SAFETY IMPROVEMENTS, SPEED, SPEED LIMITS, SUBWAY, TRAFFIC ACCIDENT, TRAFFIC CRASHES, TRAFFIC DEATH, TRAFFIC DEATH RATE, TRAFFIC DEATHS, TRAFFIC POLICE, TRAFFIC SAFETY, TRANSPORT, TRANSPORT ECONOMICS, TRANSPORTATION, TRANSPORTATION COSTS, TRAVEL MODE, TRAVEL MODES, TRAVEL PATTERNS, TRIPS, TRUCKS, TRUE, TYPES OF ROAD, UPPER, VEHICLE, VEHICLE CHARACTERISTICS, VEHICLE OWNERSHIP, VEHICLE SPEEDS, VEHICLES, VULNERABLE ROAD USERS,
Online Access:	http://documents.worldbank.org/curated/en/2006/08/7011712/value-mortality-risk-reductions-delhi-india https://hdl.handle.net/10986/9291
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