Estimated Willingness to Pay for Green Electricity by Using Contingent Valuation Method

Assessment of willingness to pay for improved air quality using contingent valuation method

Rapid urbanization and severe air quality deterioration in Pakistan have increased citizens’s concern towards air pollution. This study, conducted in November, 2016, aimed to develop relationship between degraded air quality and resident’s willingness to pay for improved air quality in city of Lahore, Pakistan through contingent valuation method to quantify an individual’s willingness to pay fo...

Willingness to Pay for Hospice Care Using the Contingent Valuation Method

PURPOSE It is necessary to develop a proper payment system for more health care facilities to provide hospice and palliative cares. In deciding the proper level of payment for hospice per diem fee, willingness to pay (WTP) may provide one of the critical information. This study was conducted to determine WTP for hospice care and to analyze those factors affecting WTP. MATERIALS AND METHODS A ...

Willingness to Pay for Green Energy: Evidence from a Contingent Valuation Survey in Kenya

Social Willingness to Pay, Mortality Risks and Contingent Valuation

The Willingness-to-Pay approach is the basic justi...cation for the use of the Contingent Valuation method to evaluate public mortality risk reduction programs. However, aggregating unweighted willingness-to-pay is a valid method only when individuals have the same marginal value of money, an unrealistic assumption in the presence of heterogeneity. We show that heterogeneity on wealth and basel...

Willingness to Pay: Referendum Contingent Valuation and Uncert

The use of contingent valuation (CV) methods to estimate benefits has become increasingly common in project analysis. Ever since the NOAA Blue Ribbon Panel Report in 1993 (NOAA, 1993) recommended the use of the referendum form of CV, it seems to have become the method of choice in practical settings. Referendum-type questions are thought to be easier to answer than the open-ended variety. But t...