This paper is an empirical application that combines averting behavior with contingent valuation data. Consistency tests are performed incorporating alternative heteroscedastic structures in the bivariate probit models by taking advantage of the different information content that characterizes...

Increased pollution leads to a constant decrease of drinking water quality worldwide. Due to safety concerns, unpleasant taste and odour only about 3% of the population in South Korea is drinking untreated tap water. The present study uses choice experiments and cost-benefit analysis to...

"This book presents research on a kind of water use conflicts that is becoming more and more common and important: How to best manage moving water in times of increasing demand for electricity as well as environmental services. How should decisions be made between water use for electricity...

Preface -- 1 Introduction -- 2 Origins of CBA of Wter Use Conflicts -- 3 A Simple Cost-Benefit Rule -- 4 The Main Items in the Cost-Benefit Analysis -- 5 Towards Empirical Measurement of Externalities -- 6 Blueprint for a CBA -- 7 Concluding Remarks -- 8 References -- 9 Appendices -- Index