Climate Change Data Portal
DOI | 10.1007/s11166-023-09422-2 |
A double-bounded risk-risk trade-off analysis of heatwave-related mortality risk: Evidence from India | |
Chilton, Susan; Duxbury, Darren; Mussio, Irene; Nielsen, Jytte Seested; Sharma, Smriti | |
发表日期 | 2024 |
ISSN | 0895-5646 |
EISSN | 1573-0476 |
起始页码 | 68 |
结束页码 | 1 |
卷号 | 68期号:1 |
英文摘要 | As climate variability is increasing, extreme events such as temperature fluctuations are expected to become more frequent. Low- and middle-income countries (LMICs) are especially vulnerable to heat-related variability and its ensuing impacts on mortality. Therefore, there is an urgent need to understand how citizens in LMICs trade-off climate-related mortality risks with other risks such as traffic accidents, and what values they place on reducing such risks. As populations in LMICs are income-constrained, we adopt a non-monetary, risk-risk trade-off (RRTO) valuation method instead of the standard willingness-to-pay stated preference-based approach. We estimate the resulting risk premium for heatwave-related mortality risks through an adapted double-bounded, dichotomous choice approach to establish whether, on average, people value avoiding these risks more compared to reducing traffic risks. Using a sample of over 2,300 individuals from across seven states in India, a country with one of the highest heat-related mortality globally, we estimate the heatwave risk mortality premium to be between 2.2-2.9, indicating that on average, individuals weigh reducing heatwave-related mortality risks more than two times that of reducing traffic accident mortality risks. Based on a standard benefit transfer methodology for LMICs, this premium translates to a Value of Statistical Life (VSL) of USD 0.37-2.61 million for India. |
英文关键词 | Climate change; Heatwaves; Context premium; Risk-risk trade-off; Value of statistical life; India; I12; Q51; Q54 |
语种 | 英语 |
WOS研究方向 | Business & Economics |
WOS类目 | Business, Finance ; Economics |
WOS记录号 | WOS:001164259800001 |
来源期刊 | JOURNAL OF RISK AND UNCERTAINTY
![]() |
文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/288778 |
作者单位 | Newcastle University - UK; Newcastle University - UK; University of Leeds; Newcastle University - UK; IZA Institute Labor Economics |
推荐引用方式 GB/T 7714 | Chilton, Susan,Duxbury, Darren,Mussio, Irene,et al. A double-bounded risk-risk trade-off analysis of heatwave-related mortality risk: Evidence from India[J],2024,68(1). |
APA | Chilton, Susan,Duxbury, Darren,Mussio, Irene,Nielsen, Jytte Seested,&Sharma, Smriti.(2024).A double-bounded risk-risk trade-off analysis of heatwave-related mortality risk: Evidence from India.JOURNAL OF RISK AND UNCERTAINTY,68(1). |
MLA | Chilton, Susan,et al."A double-bounded risk-risk trade-off analysis of heatwave-related mortality risk: Evidence from India".JOURNAL OF RISK AND UNCERTAINTY 68.1(2024). |
条目包含的文件 | 条目无相关文件。 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。