Public's willingness to pay for preventing climate change

Joo Suk 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

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ASJC Scopus subject areas

  • Economics and Econometrics

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