Estimating the Value of Statistical Life in a Road Safety Context Based on the Contingent Valuation Method

Table 3

WTP intervals for four initial bids (source: authors).

Initial bid	Yes-yes	Yes-no	No-yes	No-no
200	[200, +∞)	[200,400]	[100,200]	(-∞,100]
400	[400, +∞)	[400,800]	[200,400]	(-∞,200]
800	[800, +∞)	[800,1600]	[400,800]	(-∞,400]
1600	[1600, +∞)	[1600,3200]	[800,1600]	(-∞,800]