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Valuing morbidity from wildfire smoke exposure: a comparison of revealed and stated preference techniques

Land Economics

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Abstract

Estimating the economic benefits of reduced health damages due to improvements in environmental quality continues to challenge economists. We review welfare measures associated with reduced wildfire smoke exposure, and a unique dataset from California’s Station Fire of 2009 allows for a comparison of cost of illness (COI) estimates with willingness to pay (WTP) measures. The WTP for one less symptom day is estimated to be $87 and $95, using the defensive behavior and contingent valuation methods, respectively. These WTP estimates are not statistically different but do differ from a $3 traditional daily COI estimate and $17 comprehensive daily COI estimate.

Additional Publication Details

Publication type:
Article
Publication Subtype:
Journal Article
Title:
Valuing morbidity from wildfire smoke exposure: a comparison of revealed and stated preference techniques
Series title:
Land Economics
Volume
89
Issue:
1
Year Published:
2013
Language:
English
Publisher:
University of Wisconsin Press
Publisher location:
Madison, WI
Description:
25 p.
Larger Work Type:
Article
Larger Work Subtype:
Journal Article
First page:
76
Last page:
100
Number of Pages:
25