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UNIVERSITY OF OSLO HEALTH ECONOMICS RESEARCH Program Public and private good values of statistical lives Results from a combined choice experiment and contingent valuation survey Jon Strand Department
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What is public- and private-good values?
Public-good values refer to the economic benefits or value that is provided to society as a whole. Private-good values, on the other hand, pertain to the economic benefits or value that accrues to individuals or private entities.
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