Spatial Effects in Willingness to Pay for Avoiding Nuclear Risks

How to deal with the risks associated with nuclear energy is a major policy issue. This paper investigates the effect of an individual's distance from nuclear power plants on its willingness to pay for increased insurance coverage against nuclear accidents (MWPC) as well as on willingness to pay for solving the nuclear waste disposal problem (MWPW). Using data from a discrete choice experiment conducted in Switzerland, we find evidence that MWPC values decrease with distance from plant once attitudes influencing choice of residential location are controlled for. However, distance from plant has no effect on MWPW values.

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Year of publication:	2013
Authors:	Schneider, Yves ; Zweifel, Peter
Published in:	Swiss Journal of Economics and Statistics. - Heidelberg : Springer, ISSN 2235-6282. - Vol. 149.2013, 3, p. 357-379
Publisher:	Heidelberg : Springer
Subject:	discrete choice experiment \| liability insurance \| nuclear accident \| willingness to pay

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Type of publication:	Article
Type of publication (narrower categories):	Article
Language:	English
Other identifiers:	10.1007/BF03399395 [DOI] hdl:10419/186029 [Handle] RePEc:ses:arsjes:2013-III-3 [RePEc]
Classification:	R3 - Real Estate Markets, Spatial Production Analysis, and Firm Location ; L94 - Electric Utilities ; C9 - Design of Experiments
Source:	EconStor

Persistent link: https://www.econbiz.de/10011933312