Willingness-to-pay for decreased risk from nuclear plant accidents. Working Paper No. 43

Technical Report · Wed Mar 01 04:00:00 EST 1978

OSTI ID:6698115

Mulligan, P J

The study examines one factor encompassed in the evaluation of the nuclear energy system: the collective value people assign to risk avoidance. The specific risks dealt with were the risks of death or injury due to nuclear plant accidents. This value figure was arrived at by having the study participants assign monetary values to changes in the probabilities of plant accidents. No attempt was made to establish ''real'' accident probability rates, rather, the issue was treated hypothetically. The method by which this value figure was approached was through a study examining willingness-to-pay for decreased risk, and conversely, willingness-to-be-compensated to permit risk increase.

• Research Organization: Pennsylvania State Univ., University Park (USA). Center for the Study of Environmental Policy
• OSTI ID: 6698115
• Report Number(s): NP-23373
• Country of Publication: United States
• Language: English

Related Subjects

22 GENERAL STUDIES OF NUCLEAR REACTORS
220900* -- Nuclear Reactor Technology-- Reactor Safety
29 ENERGY PLANNING, POLICY, AND ECONOMY
290600 -- Energy Planning & Policy-- Nuclear Energy
ACCIDENTS
CIVIL LIABILITY
COST
HAZARDS
LIABILITIES
NUCLEAR FACILITIES
NUCLEAR POWER PLANTS
POWER PLANTS
PUBLIC RELATIONS
REACTOR ACCIDENTS
REACTOR SAFETY
SAFETY
THERMAL POWER PLANTS