Evaluating Change in Objective Ambiguous Mortality Probability: Valuing Reduction in Ambiguity Size and Risk Level
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DOI: 10.1007/s10640-013-9754-8
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- Watanabe Masahide & Kawata Yukichika, 2017. "What Extent of Welfare Loss is Caused by the Disparity between Perceived and Scientific Risks? A Case Study of Food Irradiation," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 17(1), pages 1-17, February.
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More about this item
Keywords
$$upalpha $$ α -Maxmin expected utility; Mortality probability; Objective ambiguity; Valuation; Q51; D81;All these keywords.
JEL classification:
- Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
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