ABSTRACT

Two surveys conducted in Taiwan during the spring 2003 SARS epidemic reveal a high degree of
concern about the threat posed by SARS to Taiwan and to residents, although respondents believe
they are knowledgeable about the risk of SARS and that it is susceptible to individual control. WTP
to reduce the risk of infection and death from SARS is elicited using contingent valuation methods.
Estimated WTP is high, implying values per statistical life of US$3 to 12 million. While consistent
with estimates for high-income countries, these values are substantially larger than previous
estimates for Taiwan and may be attributable to the high degree of concern about SARS at the time the data were collected....

Total 21 pages