This study is the first research that allows a comparison of survey respondents’ choices between public and private mechanisms for ex ante risk reductions.
Thanks are due two anonymous referees and Glenn C. Blomquist for very constructive comments on an earlier draft. In addition we want to thank F. Reed Johnson and Barbara Kanninen for assistance with the development of the experimental design for the survey, to Laurel Clayton, Eric Moore, Jonathan Eyer, and Garth Baughman for excellent research assistance and Shauna Mortensen for preparing several versions of the manuscript. Partial support for this research was provided by the W. P. Carey School of Business and by the United States Department of Homeland Security through the Center for Risk and Economic Analysis of Terrorism Events (CREATE) under grant numbers 2007-ST-061-000001 and DE-AC05-76RL01830. However, any opinions, findings, and conclusions or recommendations in this document are those of the authors and do not necessarily reflect views of the United States Department of Homeland Security.
Smith, V.K., Mansfield, C. and Strong, A. (2014), "How Should the Health Benefits of Food Safety Programs Be Measured?", Preference Measurement in Health (Advances in Health Economics and Health Services Research, Vol. 24), Emerald Group Publishing Limited, Bingley, pp. 161-202. https://doi.org/10.1108/S0731-219920140000024005
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