scholarly journals Financing an efficient adaptation programme to climate change: A contingent valuation method tested in Malaysia

2016 ◽  
Vol 25 (2) ◽  
pp. 25003 ◽  
Author(s):  
Hasanul Banna ◽  
Rafia Afroz ◽  
Muhammad Mehedi Masud ◽  
Md. Sohel Rana ◽  
Eric H.Y. Koh ◽  
...  
Keyword(s):  
Climate Change ◽  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Valuation Method

scholarly journals Social Acceptability of Flood Management Strategies under Climate Change Using Contingent Valuation Method (CVM)

2019 ◽  
Vol 11 (18) ◽  
pp. 5053 ◽  
Author(s):  
Fatemeh Fadia Maghsood ◽  
Hamidreza Moradi ◽  
Ronny Berndtsson ◽  
Mostafa Panahi ◽  
Alireza Daneshi ◽  
...  
Keyword(s):  
Climate Change ◽  
Contingent Valuation ◽  
Local Community ◽  
Contingent Valuation Method ◽  
Management Strategies ◽  
Flood Management ◽  
Social Acceptability ◽  
Climate Modelling ◽  
Valuation Method ◽  
The Social

Floods are natural hazards with serious impact on many aspects of human life. The Intergovernmental Panel on Climate Change (IPCC) reported that climate change already has significant impact on magnitude and frequency of flood events worldwide. Thus, it is suggested to adopt strategies to manage damage impacts of climate change. For this, involving the local community in the decision-making process, as well as experts and decision-makers, is essential. We focused on assessing the social acceptability of flood management strategies under climate change through a socio-hydrological approach using the Contingent Valuation Method (CVM). For this purpose as well, hydro-climate modelling and the Analytical Network Process (ANP) were used. Among twelve investigated flood management strategies, “river restoration”, “agricultural management and planning”, and “watershed management” were the publicly most accepted strategies. Assessment of the social acceptability of these three strategies was carried out by use of the CVM and Willingness to Pay (WTP) methodology. Generally, 50%, 38%, and 18% were willing to pay and 44%, 48%, and 52% were willing to contribute flood management strategy in zones 1, 2, and 3, respectively. Overall, peoples’ WTP for flood management strategies decreased with increasing distance from the river. Among different investigated dependent variables, household income had the highest influence on WTP.

Accessing the Economic Value of Natural Snows in Ski Resort Using Contingent Valuation Method

2021 ◽  
Vol 12 (3) ◽  
pp. 775
Author(s):  
Jaewan HEO ◽  
Seungmin NAM
Keyword(s):  
Climate Change ◽  
Willingness To Pay ◽  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Economic Value ◽  
Experience Economy ◽  
Policy Makers ◽  
Ski Resort ◽  
Ski Resorts ◽  
Valuation Method

The purposes of this study are to estimate an individual’s probability of willingness to pay tax for preservation of the snows ski resorts in South Korea by using the CVM; and to present the effects of 4Es of the Experience economy theory in the experience economy theory. Truncated mean WTP indicates that the economic value of the natural snows of ski resort in Korea is 172 won (about 17 U.S cents) per household, which is a preservation value. Hence, in the practical perspective, policy makers are able to determine whether they should consistently develop and invest on the preparing for the climate change in the ski resort or not.

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