Public's willingness to pay for preventing climate change

Joo-Suk Lee, Seung-Hoon Yoo () and Seung-Jun Kwak

Applied Economics Letters, 2010, vol. 17, issue 6, 619-622

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).

Date: 2010
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DOI: 10.1080/13504850802277113

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