Altruism and environmental risks to health of parents and their children

    Authors

    M. Dickie;S. Gerking

    Comments

    Authors: contact us about adding a copy of your work at STARS@ucf.edu

    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

    Share

    COinS