Public's willingness to pay for preventing climate change

Joo Suk Lee, Seung Hoon Yoo, Seung Jun Kwak

    Research output: Contribution to journalArticlepeer-review

    11 Citations (Scopus)

    Abstract

    In order to develop the proper policies for preventing climate change, it is necessary to know the public preference for preventing climate change. This study attempts to analyse public Willingness To Pay (WTP) for preventing climate change by applying a Contingent Valuation (CV) method. The estimated mean WTP per household per month in Seoul, Korea, is about 3326 Korean won (approximately GBP 1.60).

    Original languageEnglish
    Pages (from-to)619-622
    Number of pages4
    JournalApplied Economics Letters
    Volume17
    Issue number6
    DOIs
    Publication statusPublished - 2010 Apr

    Bibliographical note

    Copyright:
    Copyright 2010 Elsevier B.V., All rights reserved.

    ASJC Scopus subject areas

    • Economics and Econometrics

    Fingerprint

    Dive into the research topics of 'Public's willingness to pay for preventing climate change'. Together they form a unique fingerprint.

    Cite this