Research on customers’ willingness-to-pay for service changes in UK water company price reviews 1994–2019
نویسندگان
چکیده
Water companies are regional monopolies in the UK, and subject to quinquennial price reviews ensure customers receive value for money. This paper documents application evolution of stated preference methodology review research. Stated methods used assess customers’ preferences changes water supply, waste-water, environmental services; willingness-to-pay, or willingness-to-accept, bill amounts these service levels. Recently revealed have been given more prominence estimating values some services. The preference, has seen continued attempts, successive reviews, improve accuracy reliability services, as an input into cost–benefit analysis projects, company business plans.
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ژورنال
عنوان ژورنال: Journal of Environmental Economics and Policy
سال: 2021
ISSN: ['2160-6544', '2160-6552']
DOI: https://doi.org/10.1080/21606544.2021.1927850