Public's willingness to pay for preventing climate change

Joo Suk Lee; Seung Hoon Yoo; Seung Jun Kwak

doi:10.1080/13504850802277113

Public's willingness to pay for preventing climate change

Joo Suk Lee
, Seung Hoon Yoo
, Seung Jun Kwak

Dept. of Future Energy Convergence

Korea University

Research output: Contribution to journal › Article › peer-review

11 Scopus citations

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 language	English
Pages (from-to)	619-622
Number of pages	4
Journal	Applied Economics Letters
Volume	17
Issue number	6
DOIs	https://doi.org/10.1080/13504850802277113
State	Published - Apr 2010

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 13 Climate Action
SDG 15 Life on Land

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10.1080/13504850802277113

Cite this

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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).",

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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).

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JO - Applied Economics Letters

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Public's willingness to pay for preventing climate change

Abstract

UN SDGs

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