Public's willingness to pay for preventing climate change

Joo S. Lee, Seung Hoon Yoo, Seung-Jun Kwak

Research output: Contribution to journalArticle

10 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 1

Fingerprint

Climate change
Willingness-to-pay
Household
Contingent valuation method
Public preferences
Korea

ASJC Scopus subject areas

  • Economics and Econometrics

Cite this

Public's willingness to pay for preventing climate change. / Lee, Joo S.; Yoo, Seung Hoon; Kwak, Seung-Jun.

In: Applied Economics Letters, Vol. 17, No. 6, 01.04.2010, p. 619-622.

Research output: Contribution to journalArticle

Lee, Joo S. ; Yoo, Seung Hoon ; Kwak, Seung-Jun. / Public's willingness to pay for preventing climate change. In: Applied Economics Letters. 2010 ; Vol. 17, No. 6. pp. 619-622.
@article{238632d623ba4770bd5a3441e4439d61,
title = "Public's willingness to pay for preventing climate change",
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).",
author = "Lee, {Joo S.} and Yoo, {Seung Hoon} and Seung-Jun Kwak",
year = "2010",
month = "4",
day = "1",
doi = "10.1080/13504850802277113",
language = "English",
volume = "17",
pages = "619--622",
journal = "Applied Economics Letters",
issn = "1350-4851",
publisher = "Routledge",
number = "6",

}

TY - JOUR

T1 - Public's willingness to pay for preventing climate change

AU - Lee, Joo S.

AU - Yoo, Seung Hoon

AU - Kwak, Seung-Jun

PY - 2010/4/1

Y1 - 2010/4/1

N2 - 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).

AB - 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).

UR - http://www.scopus.com/inward/record.url?scp=77951089340&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=77951089340&partnerID=8YFLogxK

U2 - 10.1080/13504850802277113

DO - 10.1080/13504850802277113

M3 - Article

VL - 17

SP - 619

EP - 622

JO - Applied Economics Letters

JF - Applied Economics Letters

SN - 1350-4851

IS - 6

ER -