If a highway is made safer, the benefit is fewer deaths and injuries. Explain the following two

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If a highway is made safer, the benefit is fewer deaths and injuries. Explain the following two ways that economists put a dollar value on fewer deaths and injuries:

( a ) revealed preference and ( b ) contingent valuation.

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Public Finance

ISBN: 9780073375748

1st Edition

Authors: Laurence S. Seidman

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Question Posted: Jun 10, 2024 02:21 AM

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If a highway is made safer, the benefit is fewer deaths and injuries. Explain the following two

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Public Finance

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