Willingness to pay to ensure a continuous water supply with minimum restrictions

Clevo Wilson, Wasantha Athukorala, Benno Torgler, Robert Gifford, Maria A. Garcia-Valiñas, Shunsuke Managi

Research output: Contribution to journalArticlepeer-review

3 Citations (Scopus)

Abstract

This study provides a quantitative assessment of the willingness to pay to avoid water use restrictions taking into account psychological, attitudinal and behavioural influences. We analyse determinants of households’ willingness to pay to ensure a continuous water supply in Brisbane, Australia. The results show that in addition to socio-economic variables, attitudinal and behavioural factors—including values, norms, and beliefs—influence residents’ valuation. They also underscore the importance of accounting for socio-economic variables and pertinent psychological and behavioural aspects when implementing policies to manage and conserve urban water.

Original languageEnglish
Pages (from-to)1519-1537
Number of pages19
JournalEmpirical Economics
Volume61
Issue number3
DOIs
Publication statusPublished - Sep 2021

All Science Journal Classification (ASJC) codes

  • Statistics and Probability
  • Mathematics (miscellaneous)
  • Social Sciences (miscellaneous)
  • Economics and Econometrics

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