Abstract
The aim of this paper is to provide an estimation of Value of Life Year (VOLY) for taking into account health effects within the procedure of the technology assessment. This value was determined on the basis of a study performed among 900 randomly selected individuals living in Poland. Stated Preference approaches like Contingent Valuation (CV) were used in the study. The statistical analyses and modelling performed enabled determination of the average value of additional costs resulting from taking actions aimed towards environment protection, which respondents would be willing to pay in exchange for additional life year. This value became the basis for estimation of VOLY.
| Original language | English |
|---|---|
| Title of host publication | Proceedings of the 25th International Business Information Management Association Conference - Innovation Vision 2020 |
| Subtitle of host publication | From Regional Development Sustainability to Global Economic Growth, IBIMA 2015 |
| Editors | Khalid S. Soliman |
| Publisher | International Business Information Management Association, IBIMA |
| Pages | 536-547 |
| Number of pages | 12 |
| ISBN (Electronic) | 9780986041945 |
| Publication status | Published - 2015 |
| Event | 25th International Business Information Management Association Conference - Innovation Vision 2020: From Regional Development Sustainability to Global Economic Growth, IBIMA 2015 - Amsterdam, Netherlands Duration: 7 May 2015 → 8 May 2015 |
Publication series
| Name | Proceedings of the 25th International Business Information Management Association Conference - Innovation Vision 2020: From Regional Development Sustainability to Global Economic Growth, IBIMA 2015 |
|---|
Conference
| Conference | 25th International Business Information Management Association Conference - Innovation Vision 2020: From Regional Development Sustainability to Global Economic Growth, IBIMA 2015 |
|---|---|
| Country/Territory | Netherlands |
| City | Amsterdam |
| Period | 7/05/15 → 8/05/15 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 15 Life on Land
Keywords
- Contingent valuation (CV)
- Technology assessment (TA)
- Value of Life Year (VOLY)
- Willingness to pay (WTP)
ASJC Scopus subject areas
- Management Information Systems
- Information Systems and Management
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