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This paper uses a choice experiment to estimate how Swedish households value different environmental improvements for the hydropower regulated rivers. We obtained clear evidence that Swedish households have preferences for environmental improvement in hydropower regulated waters, at least when...
Persistent link: https://www.econbiz.de/10005228323
Using an open-ended contingent valuation survey, we analyze how (i) experience of a power outage due to one of the worst storms ever to hit Sweden and (ii) a cheap talk script affect respondents' WTP to avoid power outages. Experience significantly increases and a cheap talk script significantly...
Persistent link: https://www.econbiz.de/10009275037
Using a choice experiment survey, the marginal willingness to pay (WTP) among Swedish households for reductions in power outages is estimated. The results from the random parameter logit estimation indicate that the marginal WTP increases with the duration of the outages, and is higher if the...
Persistent link: https://www.econbiz.de/10005052651