BROUWER, ROY; AKTER, SONIA; BRANDER, LUKE; HAQUE, ENAMUL - In: Environment and Development Economics 14 (2009) 03, pp. 397-417
This paper presents the results of a dichotomous choice contingent valuation (CV) study of reduced flood risks in Bangladesh. Sensitivity of willingness to pay (WTP) to varying risk exposure levels is tested in a ‘natural experiment’, targeting floodplain residents facing regular annual...