@article{Athukorala:205985,
      recid = {205985},
      author = {Athukorala, Wasantha},
      title = {Health Benefits and Industrial Air Pollution: A Comparison  between People’s Willingness to Accept and the Opportunity  Cost of Health Risk},
      journal = {Sri Lankan Journal of Agricultural Economics},
      address = {2013},
      number = {1381-2016-115780},
      pages = {17},
      year = {2013},
      abstract = {The disparity between willingness to accept (WTA) health  risks and actual health risks arising from environmental  pollution has not been demonstrated well in the literature.  This study provides evidence on WTA for bearing existing  health risks arising from environmental pollution caused by  the Limestone Industry in Sri Lanka. It compares mean WTA  with monthly average health expenditure as well as the  opportunity cost of health risk. The study finds that the  average monthly health expenditure, averting expenditure  and lost earning per person were Rs. 168, Rs. 85 and Rs.  262 respectively.

Accordingly, opportunity cost of the  health damage was Rs. 515 while mean willingness to accept  was Rs. 792 per person. Results clearly show that mean WTA  estimates tends to overestimate the true cost. The study  also summarizes reasons for the disparity and then  discusses some of the key implications of the analysis.},
      url = {http://ageconsearch.umn.edu/record/205985},
      doi = {https://doi.org/10.22004/ag.econ.205985},
}