The value of reducing fear: an analysis using the European Social Survey
English title: The value of reducing fear: an analysis using the European Social Survey
Author(s): Simon Christopher Moore -
Type: Journal article
This paper calculates the shadow price of fear of crime using the European Social Survey. A multiple regression model is specified with happiness as the outcome variable and fear of crime, total household income and control variables as independent variables. Both income and fear of crime are significantly associated with happiness and the total household income required to compensate an average household for an increase in fear of crime is estimated.
From page no: 115
To page no: 117
Journal: Applied Economics