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)


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
Issue number6
Publication statusPublished - 2010 Apr

Bibliographical note

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

ASJC Scopus subject areas

  • Economics and Econometrics


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