- #1
Andre
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Just out of curiosity, what is it worth to you?
Case A: Suppose that the risk of death by cancer is one in a million (1: 1,000,000) and suppose that one day a hypothetical preventive vaccination would be invented, how much would you be prepared to pay for that?
Case B: As in case A, except that the risk is now one in one hundred thousand (1:100,000)
Please provide one answer for case A and one for case B.
Thanks
Case A: Suppose that the risk of death by cancer is one in a million (1: 1,000,000) and suppose that one day a hypothetical preventive vaccination would be invented, how much would you be prepared to pay for that?
Case B: As in case A, except that the risk is now one in one hundred thousand (1:100,000)
Please provide one answer for case A and one for case B.
Thanks