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From: A stated-preference study of the willingness-to-pay to reduce traffic risk in urban vs. rural roads
Urban | Rural | |||
---|---|---|---|---|
Ordered probit | Random-effects ordered probit | Ordered probit | Random-effects ordered probit | |
WTP to reduce fatality (€/fat/trip) | 0.239 | 0.239 | 0.860 | 0.880 |
VoSL* (€/fat/year) | 2,625,000 | 2,625,000 | 4,710,000 | 4,820,000 |
VOT (€/hour) | 3.83 | 3.83 | 4.18 | 4.14 |