Title

Altruism and environmental risks to health of parents and their children

Authors

Authors

M. Dickie;S. Gerking

Comments

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Abbreviated Journal Title

J.Environ.Econ.Manage.

Keywords

altruism; household production; environmental risk; child health; WILLINGNESS-TO-PAY; INTER-VIVOS TRANSFERS; CONTINGENT VALUATION; REDUCTIONS; BENEFITS; SAFETY; Business; Economics; Environmental Studies

Abstract

This paper tests an equilibrium condition from a model that incorporates: (1) altruism of parents toward their young children, and (2) household production of latent health risks. The model demonstrates that an altruistic parent's marginal rate of substitution between an environmental health risk to herself and to her child is equal to the ratio of marginal risk reduction costs. Econometric estimates support this prediction based on data from a stated preference survey involving 488 parents of children aged 3-12 years. This outcome implies that parents reallocate family resources to at least partly offset the effectiveness of public programs that aim to reduce their children's environmental risks. (c) 2007 Elsevier Inc. All rights reserved.

Journal Title

Journal of Environmental Economics and Management

Volume

53

Issue/Number

3

Publication Date

1-1-2007

Document Type

Article

Language

English

First Page

323

Last Page

341

WOS Identifier

WOS:000247686200003

ISSN

0095-0696

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