Externalities, NIMBY syndrome and marble quarrying activity
T. Pelekasi,
M. Menegaki and
D. Damigos
Journal of Environmental Planning and Management, 2011, vol. 55, issue 9, 1192-1205
Abstract:
Marble quarries like any other mining project are faced with NIMBY (‘not-in-my-backyard’) reactions, since some negative externalities are inevitable. The paper presents a contingent valuation survey aimed at investigating a local community's willingness to accept (WTA) compensation for allowing the establishment and operation of a marble quarry in its surroundings and exploring the determinants influencing NIMBY reactions against marble quarrying activity. The valuation scenario used involves an annual monetary payment to a community fund in order to be more realistic and to lessen the so-called ‘bribe effect’, which is common in compensation schemes.
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:taf:jenpmg:v:55:y:2011:i:9:p:1192-1205
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DOI: 10.1080/09640568.2011.638047
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