Search results for "contingent valuation"
showing 10 items of 34 documents
Estimating the non-market benefits of an urban park: Does proximity matter?
2007
Abstract There is increasing and widespread public support for public park provision in urban areas given that they provide an array of different recreational activities enhancing the citizen's quality of life. A contingent valuation survey of 900 randomly chosen inhabitants was undertaken in Valencia (Spain) to estimate the non-market benefits derived from the provision of a new urban park where there is currently an old train station. In conducting our study we distinguished between the districts of the city more and less affected by the project according to the proximity to the future park. Our main finding is that the mean willingness to pay (WTP) is considerably higher for people who l…
Contingent Valuation Measurement for Staging the Olympic Games: The Failed Bid to Host the 2018 Winter Games in Munich
2020
In the past decade, well-planned bids for hosting Olympic Games failed due to a sudden lack of a support by the population. Therefore, we study both the determinants of people’s willingness to pay (WTP) to host the 2018 Winter Olympic Games in Munich and the changes of respondents’ attitudes and WTP over time. The results from three surveys in 2009, 2010 and 2011 demonstrate that both the perception of the public benefit of the Olympic Games and the general interest in sport have a positive influence on WTP. Moreover, attitudes vary over time, indicating that external factors influence the population’s evaluations of, and appreciation for, hosting of Olympic Games (e.g. media reports). In c…
Monumental trees and their existence value: the case study of an Italian natural park
2015
The paper deals with the evaluation of the existence value of monumental trees in a protected area. Financial resources to be destined for protection interventions have been decreasing more and more, with a high risk of losing this natural heritage. A Contingent Valuation Method (CVM) survey was carried out among the Madonie Park (Sicily, Italy) resident households to evaluate the existence value of monumental trees of the nature trail named "Piano Sempria-Piano Pomo", represented by a population of "Giant hollies" and by 7 other individual trees. These are the main results of the CVM survey: the overall response rate was 40%, individual average WTPs ( Willingness To Pay ) were €12.37 for t…
Estimación del valor económico de la calidad del agua de un río mediante una doble aproximación: una aplicación de los principios económicos de la Di…
2011
El principal objetivo de la Directiva Marco del Agua de la Unión Europea es logar un “buen estado†de las aguas europeas para el año 2015 mediante una combinación de diferentes medidas. En este estudio, dos métodos de preferencias declaradas, el método de valoración contingente y el método de ordenación contingente, han sido aplicados para obtener la valoración económica de una hipotética mejora de la calidad del agua de un río. La comparación de las dos metodologías muestra que las valoraciones obtenidas con el método de ordenación contingente son considerablemente mayores que las obtenidas con la valoración contingente. Por último, los valores estimados se agregan para obtener una apro…
La Valutazione delle Risorse Ambientali Approcci Multidisciplinari al Golfo di Castellammare
2008
The Port and its Environment
2013
In times of increasing environmental awareness, the port-city relationship has gained a new meaning since ports have been seen as the origin of both negative and positive externalities affecting the public wellbeing. While the former are the result of port expansion, the latter are the result of transforming obsolete port areas into recreational facilities. Therefore, in order to support effective policy-making, in this research is emphasized the need of measuring these environmental externalities. Considering their non-market nature, the contingent valuation method is introduced as an economic tool capable of overcoming this obstacle. Thus, the cases of two ports in Spain, namely Valencia …
Dealing with preference uncertainty in contingent willingness to pay for a nature protection program: A new approach
2013
In this paper, we propose an alternative preference uncertainty measurement approach where respondents have the option to indicate their willingness to pay (WTP) for a nature protection program either as exact values or intervals from a payment card, depending on whether they are uncertain about their valuation. On the basis of their responses, we then estimate their degree of uncertainty. New within this study is that the respondent's degree of uncertainty is "revealed", while it is "stated" in those using existing measurement methods. Three statistical models are used to explore the sources of respondent uncertainty. We also present a simple way of calculating the uncertainty adjusted mea…
Environmental damage evaluation in a willingness-to-accept scenario: A latent-class approach based on familiarity
2015
In this paper we report on the results of the application of a latent class model that was designed to identify and characterize unobserved preference heterogeneity in the context of a willingness-to-accept (WTA) framework involving negative environmental externalities stemming from the expansion of the Port of Valencia. We investigated the hypothesis that respondents with greater familiarity with the targeted good and any related environmental damage would demand more compensation; that is, they would have a significantly higher WTA. Based on respondents' familiarity with the Port of Valencia and their pre-existing knowledge about the negative consequences of its potential expansion three …
Protest beliefs in contingent valuation: Explaining their motivation
2006
Abstract The definition and treatment of protest responses in contingent valuation (CV) can have a significant influence on the estimated values of the good in question if these responses are censored. In order to understand how protest responses are motivated, in a CV about forest biodiversity in Germany we used an item battery to identify respondents' protest beliefs. The items were measured for all respondents, irrespective of their willingness to pay (WTP) in principle. Then, a scale based on these beliefs is taken as a dependent variable of regression analyses. In addition to environmental concern we used norms, the warm glow of giving and dilemma concern as further explanatory variabl…
The relationship between environmental values and income in a transition economy: surface water quality in Latvia
2002
A contingent valuation study measured citizen willingness to pay (WTP) for an improvement in surface water quality in Latvia. The average respondent was willing to pay 0.7 per cent of household income for the environmental improvement, but that amount was much less than needed to finance the required investments in treatment facilities. While the income elasticity of WTP for the average resident was low (0.56), it increases as income increases, reaching 0.9 at an income level double the current average. As real incomes increase in Latvia, the demand for environmental quality by citizens can be expected to increase substantially.