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ISSN Approved Journal No: 2456-3315 | Impact factor: 8.14 | ESTD Year: 2016
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Impact Factor : 8.14

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Paper Title: Economic Valuation of Police Response During Pandemic
Authors Name: Adrian M. Tamayo , Reynaldo C. Castro
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IJRTI_183638
Published Paper Id: IJRTI2208169
Published In: Volume 7 Issue 8, August-2022
DOI:
Abstract: This paper attempts to determine the economic value of police response amid the pandemic using the Willingness to Accept (WTA) approach to approximate the work-leisure labor supply dynamics. The revealed preference for a higher income through contingent amount of a public good of providing public safety will help understand on the decision faced by the police in rendering public service in the middle of public health crisis. The police force as the primary driver of community public safety had been working as frontliner in enforcing the health protocols to curb the spread of the pandemic. With 1560 police officers as participants, the study found out that the WTA amounting to P20000 which denotes additional income does not lead to leisure, instead, more hours dedicated to public safety. The economic value of police response amid pandemic amounted to Php220-M. Another interesting result that the WTA is influenced by stress related to COVID19 response, and not by effective police response and public trust. The police officers are driven by the non-monetary currency in the performance of their duties; higher public trust compensates them more than higher compensatory income during this time of the pandemic.
Keywords: Willingness to Accept, Police Response, Public Trust
Cite Article: "Economic Valuation of Police Response During Pandemic", International Journal for Research Trends and Innovation (www.ijrti.org), ISSN:2455-2631, Vol.7, Issue 8, page no.988 - 999, August-2022, Available :http://www.ijrti.org/papers/IJRTI2208169.pdf
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ISSN: 2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publication Details: Published Paper ID: IJRTI2208169
Registration ID:183638
Published In: Volume 7 Issue 8, August-2022
DOI (Digital Object Identifier):
Page No: 988 - 999
Country: Davao City, Davao, Philippines
Research Area: Science
Publisher : IJ Publication
Published Paper URL : https://www.ijrti.org/viewpaperforall?paper=IJRTI2208169
Published Paper PDF: https://www.ijrti.org/papers/IJRTI2208169
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ISSN: 2456-3315
Impact Factor: 8.14 and ISSN APPROVED, Journal Starting Year (ESTD) : 2016

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