This study presents a 'value of life' estimate for children in Metro Manila of between US$0.70 million and US$0.80 million. It was carried out by Rosalina Palanca-Tan, from the Department of Economics at the Ateneo de Manila University in Quezon City. Palanca-Tan's assessment is based on...

Many environmental policies and programmes help save people's lives. However, it can be difficult to assign this key benefit a value.' Because of this, mortality reduction is often not taken into account when potential projects are assessed. This omission can result in projects being undervalued...

Increased vehicle emission in Colombo is one of the most important environmental issues that has drawn the attention of policymakers, administrators, and environmentalists in the recent past. Various studies undertaken by regulatory agencies and researchers clearly indicate that inefficient...

The city of Colombo is gradually being choked to death by motor traffic and urgently needs to implement a raft of economic measures to curb emissions. This is the verdict of a study that has attracted the attention of local policymakers. The study looked at the growth of traffic in the city and...

Lo Go - Xa Mat National Park has great value in terms of biodiversity but preserving the park is a great challenge for the Vietnamese government. This study estimated the willingness to pay of households to preserve Lo Go - Xa Mat National Park, using the contingent valuation method. We employed...

Take a boat along Bangkok's famous Chao Phraya River and it doesn't take an expert to realize that it is seriously polluted with sewage and practically biologically dead. As part of a general drive to do something about this problem, a recent study has found that the residents are willing to pay...

Societies continually make choices among various options that affect their welfare. Tradeoffs are typically difficult to make especially in a developing country context where even the basic needs are sometimes hard to finance. It then becomes an empirical question whether people from a...

This study is part of a bigger research on Local Willingness to Pay (WTP) for the Conservation of Endangered Species in Southeast Asia. The research measures WTP using contingent valuation method for a conservation program for the Vietnamese Rhinoceros and a regional conservation program for sea...

Marine turtles are important, not only for their economic and intrinsic value, but because an adequate population of marine turtles is often an indicator of healthy marine ecosystem. Of the seven species of marine turtles, four are critically endangered, while two are in the next-highest risk...