scholarly journals WILLINGNESS TO PAY (WTP) BY CONTINGENT VALUATION METHOD (CASE STUDY: WASTE MANAGEMENT SERVICES)

2019 ◽  
Vol 17 (62) ◽  
Author(s):  
Marselina Djayasinga
Keyword(s):  
Waste Management ◽  
Willingness To Pay ◽  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Valuation Method ◽  
Management Services

scholarly journals Analysis of Households' Willingness to Pay for Improved Solid Waste Management Services in Gondar city, Ethiopia: Evidence from a double-bounded Dichotomous Contingent Valuation Method

2020 ◽  
Author(s):  
Kassahun Tassie Wegedie ◽  
Anteneh Mulugeta Eyasu ◽  
Yenesew Sewnet Yizengaw ◽  
Getnet Asifaw Shiferaw
Keyword(s):  
Waste Management ◽  
Willingness To Pay ◽  
Contingent Valuation ◽  
Solid Waste ◽  
Solid Waste Management ◽  
Contingent Valuation Method ◽  
Management Service ◽  
Valuation Method ◽  
The City ◽  
Management Services

Abstract Background: Waste is a byproduct of human life. Nowadays, municipal solid waste is being produced in excessive amounts and in this way, both developing and developed countries are facing challenges regarding generation of waste. Economic development, urbanization and improved living standards in cities have contributed to increase in the amount and complexity of solid waste produced. Methods: this study aims to Analysis of households' willingness to pay for improved solid waste management Services in Gondar city, Ethiopia: evidence from a double-bounded dichotomous contingent Valuation Method.Result: A total of 222 randomly selected households were interviewed to address the objective of this study. Finally, the survey result indicated that 192(87.3%) of sample households were willing to pay for improved solid waste management services. Following this, the one and double-bounded dichotomous contingent valuation result revealed that the mean willingness to pay estimated from the Double Bounded dichotomous CVM and open ended formats were 34.48 and 17.0756 ETB[1] per month per households respectively. The total WTP was obtained by adding the WTP of the total households in each stratum, and is equal to 941361ETB and 1900848 ETB for open ended and double bounded format, respectively. Additionally, the bivariate probit model result demonstrated that income and education have positive and significant effects on willingness to pay bid amounts. The results, age, marital status, Bid1 and Bid2 have a negative and significant effect on households’ amount of willingness to pay for better solid waste management services. Conclusion: When allocating service charges the city municipality considers amount of solid waste generation and income level of the households. The study results show that when educational status of the households increases and increase their willing to participate in planned improved solid waste management service. Thus, awareness creation is importance for better solid waste management. Additionally the city municipality facilitates a learning media for uneducated households to come up with at least secondary education level.

La valutazione economica delle risorse culturali. Un'applicazione della Contingent Valuation

2009 ◽  
pp. 107-122
Author(s):  
Francesca Mazza
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Economic Value ◽  
Cultural Resources ◽  
Existence Value ◽  
Valuation Method ◽  
Total Economic Value ◽  
Key Words Evaluation

-The case study examines the economic aspects of cultural heritage conservation and deals the valuation of economic value in monetary terms, using the application of the contingent valuation method to the castle of Nicastro (Catanzaro, Italy). For the construction of the hypothetical market and the selection criteria and approach to subjects of the statistic sample, the proposed solutions work with operative adjustments, dictated by the characteristics of the resource in question and in general for all cultural resources. The study has produced reliable answers to questions of willingness to pay, expressing the measure of the different components of the value (use value and existence value) contribute to the composition of the total economic value. The study allowed to verify the possibility of using the contingent valuation as a political tool. The particular question format, which combines ‘double bounded dichotomous choice' and ‘open ended' techniques has allowed us to take a sensitivity analysis, defining the measure of willingness to pay.Key words: evaluation cultural resource, contingent valuation method, willingness to payParole chiave: valutazione, beni culturali, metodo di valutazione contingente, disponibilitŕ a pagare

scholarly journals Willingness to Pay for a Potential Insurance Policy: Case Study of Trout Aquaculture

2008 ◽  
Vol 37 (1) ◽  
pp. 41-50 ◽  
Author(s):  
Saleem Shaik ◽  
Keith H. Coble ◽  
Darren Hudson ◽  
James C. Miller ◽  
Terrill R. Hanson ◽  
...  
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Response Rate ◽  
Contingent Valuation Method ◽  
The United States ◽  
Insurance Policy ◽  
Premium Rate ◽  
Valuation Method ◽  
Premium Rates

Using trout producer survey data and the contingent valuation method, we estimate willingness to pay for a potential insurance policy. The survey was conducted in 2005 across the United States; 268 producers completed the survey instrument, resulting in a response rate of 81 percent. Design of the contingent valuation method takes into account two coverage levels and four premium rates. Using standard willingness-to-pay techniques, we assess the premium rate that producers with varying practices and regions are willing to pay for two different coverage levels of insurance. In general, trout producers appear willing to pay premium rates of 2 to 11 percent for these coverage levels.

scholarly journals Visitor Preferences and Values for Water-Based Recreation: A Case Study of the Ocala National Forest

2002 ◽  
Vol 34 (3) ◽  
pp. 547-559 ◽  
Author(s):  
Ram K. Shrestha ◽  
Janaki R.R. Alavalapati ◽  
Taylor V. Stein ◽  
Douglas R. Carter ◽  
Christine B. Denny
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Model Specification ◽  
National Forest ◽  
Recreational Facilities ◽  
Valuation Method ◽  
Water Based ◽  
Visitor Preferences

We used the open-ended contingent valuation method to elicit willingness to pay (WTP) for day visitors and extended visitors on the Ocala National Forest (ONF), Florida. A Tobit model specification was applied to account for the issues involved with censored WTP bids. The results reveal that visitors would pay more for improved recreational facilities at the ONF. In particular, our estimates show that visitors would pay $1 million for basic facilities, $1.9 million for moderate improvements, and $2.5 million for more improvements.

scholarly journals Analysis of Willingness to Pay Integrated Waste Management

2019 ◽  
Vol 2 (2) ◽  
pp. 461-468
Author(s):  
Tionarta Bakara ◽  
Prasetyo Ari Bowo
Keyword(s):  
Waste Management ◽  
Willingness To Pay ◽  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Education Level ◽  
Primary Data ◽  
Management Service ◽  
Factors Affecting ◽  
Valuation Method ◽  
The Family

Waste volume in Semarang City increases every year. Local Regulation Number 6 Year 2012 forces households to reduce waste through 3R. 83% pre-survey citizens in West Semarang District have not done it yet. It needs an improvement on waste management. The purpose of this research is to know the citizen’s willingness to pay rate of West Semarang District on waste management improvement and to analyze the factors affecting willingness to pay. The data used in this research is Primary Data. The population in this research is 100 households in West Semarang District. Data collection method is using interview. Data analysis method is using Contingent Valuation Method and multiple  linear regression. The result shows that 68 respondents are willing to pay and 32 respondents are not. The amount of willingness to pay is Rp16.838. Influencing factors of willingness to pay are education level and staying duration. The recommendation of this research is the higher willingness to pay should be followed by better management service. Citizens can improve willingness to pay by having higher education level so that they realize the importance of maintaining environment. To increase willingness to pay, the higher family members the more they should have a good knowledge so that their perception about the payment based on head of the family will decrease. Volume sampah di Kota Semarang meningkat setiap tahun. Peraturan Daerah Nomor 6 Tahun 2012 memaksa rumah tangga untuk mengurangi limbah melalui 3R. 83% warga pra-survei di Kabupaten Semarang Barat belum melakukannya. Perlu perbaikan dalam pengelolaan limbah. Tujuan dari penelitian ini adalah untuk mengetahui kesediaan warga untuk membayar tarif Kabupaten Semarang Barat pada peningkatan pengelolaan limbah dan untuk menganalisis faktor-faktor yang mempengaruhi kesediaan untuk membayar. Data yang digunakan dalam penelitian ini adalah Data Primer. Populasi dalam penelitian ini adalah 100 rumah tangga di Kabupaten Semarang Barat. Metode pengumpulan data menggunakan wawancara. Metode analisis data menggunakan Metode Contingent Valuation dan regresi linier berganda. Hasilnya menunjukkan bahwa 68 responden bersedia membayar dan 32 responden tidak. Jumlah kemauan untuk membayar adalah Rp16.838. Faktor-faktor yang mempengaruhi kemauan untuk membayar adalah tingkat pendidikan dan durasi tinggal. Rekomendasi dari penelitian ini adalah semakin tinggi kesediaan untuk membayar harus diikuti oleh layanan manajemen yang lebih baik. Warga dapat meningkatkan kemauan untuk membayar dengan memiliki tingkat pendidikan yang lebih tinggi sehingga mereka menyadari pentingnya menjaga lingkungan. Untuk meningkatkan kemauan membayar, semakin tinggi anggota keluarga semakin mereka harus memiliki pengetahuan yang baik sehingga persepsi mereka tentang pembayaran berdasarkan kepala keluarga akan berkurang.

scholarly journals Penentuan Nilai Ekonomi Taman Nasional Gunung Ciremai Dengan Metode Contingen Valuation Method

2019 ◽  
Vol 3 (2) ◽  
Author(s):  
Ali Al Madaidy ◽  
Iwan Juwana
Keyword(s):  
Waste Management ◽  
Willingness To Pay ◽  
Contingent Valuation ◽  
National Parks ◽  
National Park ◽  
Contingent Valuation Method ◽  
Travel Cost ◽  
Travel Cost Method ◽  
Conservation Area ◽  
Valuation Method

ABSTRAKTaman Nasional Gunung Ciremai (TNGC) di Jawa Barat merupakan kawasan konservasi dan salah satu wisata alam di Indonesia. Pengelolaan Taman Nasional Gunung Ciremai (TNGC) Jalur Pendakian Apuy dikelola oleh Mitra Pariwisata Gunung Ciremai (MPGC) Argamukti dan didampingi oleh Seksi Pengelola Taman Nasional II (SPTN II) resort Argalingga. Menjadi destinasi pendakian gunung oleh wisatawan menimbulkan permasalahan tersendiri bagi TNGC sebagai sebuah kawasan hutan. Permasalahan yang timbul antara lain adalah sampah yang dibawa oleh pengunjung taman nasional yang tidak terkelola dengan baik. Selain itu, keterbatasan pengetahuan dan keterbatasan dana yang dihadapi oleh pengelola menambah pelik permasalahan persampahan di area wisata ini. Salah satu alasan dilakukannya penelitian ini adalah belum adanya penelitian mengenai Willingness to pay (WTP) untuk pengelolaan persampahan di Taman Nasional Gunung Ciremai. Contingent Valuation Method (CVM) yang digunakan dalam penelitian ini dimaksudkan untuk menentukan nilai WTP dan nilai tersebut nantinya dijadikan sebagai informasi awal biaya untuk pengelolaan persampahan di Taman Nasional Gunung Ciremai Hasil penelitian ini menunjukan bahwa rataan WTP responden wisatawan berdasarkan CVM adalah sebesar Rp. 13.646,- atau Rp. 200.996.776 /tahun.Kata kunci: Willingness to Pay, Travel Cost Method, Contingent Valuation Method, Taman Nasional Gunung Ciremai. ABSTRACTMount Ciremai National Park (TNGC) in West Java is a conservation area and one of nature tourism in Indonesia. The Apuy Track in Mount Ciremai National Park are managed by Argamukti’sCiremai Mountain Ascent Community (MPGC) and accompanied by Section II of The National Park Management (STPN II) Argalingga resort. Being a mountain climbing destination raises its own problems for TNGC as a forest. The problems that arise include visitors wastes in national parks are not properly managed. Furthermore, limited knowledge and funds which is faced by the management are increasing the waste problems in this tourism area. One of the reason of this study is the research on Willingness to Pay (WTP) for solid waste management still rare in Mount Ciremai National Park. Contingent Valuation Method (CVM) are used to determine the WTP value and it will be used as first information for waste management costs in Mount Ciremai National Park. The results of this research shown that the average WTP of tourist respondents based on CVM is Rp. 13.646,- or Rp. 200.996.776,- /year.Keywords: Willingness to Pay, Travel Cost Method, Contingent Valuation Method, Mount Ciremai National Park.

Reliability and Validity of the Contingent Valuation Method for Estimating Willingness to Pay: A Case of In Vitro Fertilisation

2018 ◽  
Vol 17 (1) ◽  
pp. 103-110 ◽  
Author(s):  
Stella Nalukwago Settumba ◽  
Marian Shanahan ◽  
Willings Botha ◽  
Muhammad Zulilhaam Ramli ◽  
Georgina Mary Chambers
Keyword(s):  
Willingness To Pay ◽  
Contingent Valuation ◽  
Contingent Valuation Method ◽  
Reliability And Validity ◽  
In Vitro Fertilisation ◽  
Valuation Method
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