List of abbreviations
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2. Addressing the methodological problems in the road safety CV applications
2.5. Reporting of the CV methods
Although methodological research in CV surveys is ample there is still room to refine CV methods such as the risk communication. Reporting of the CV methods used in each CV study in road safety will contribute to the advancement of CV methods and potentially identify strategies unique to road safety research.
3. Conclusion
Lessons learnt from the applications of CV surveys in environmental and health economics are relevant in the applications of CV surveys in road safety research. The literature suggests that potential methodological issues can be addressed and managed in the design and analyses of CV surveys to maximize the validity and reliability of WTP estimates. Employing evidence-based survey designs and question forms are critical to obtain the best possible willingness to pay data in road safety research.
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