Hagihara, Kiyoko; Asahi, Chisato; Hagihara, Yoshimi - In: Environment and Planning C: Government and Policy 22 (2004) 3, pp. 349-362
Marginal willingness to pay for public investment under urban environmental risk is considered in this paper. In particular, we present a model that takes into account a bounded rationality on the ability of risk perception, the information situation, and people's threshold acceptance of risk. A...