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Using Contingent Valuation to Measure the Compensation Required to Gain Community Acceptance of a LULU: The Case of a Hazardous Waste Disposal Facility

ASU Author/Contributor (non-ASU co-authors, if there are any, appear on document)
Peter Groothuis Ph.D., Professor (Creator)
Institution
Appalachian State University (ASU )
Web Site: http://www.library.appstate.edu/

Abstract: The contingent valuation (CV) method was used to measure the compensation required for the siting of a hazardous waste disposal facility. Previous studies using the CV method were examined to determine the importance of subjective risk assessment. A CV survey was conducted to measure willingness to accept (WTA) for siting a hazardous waste disposal facility. Results suggested that CV can be used to estimate a reasonable measure of WTA and has great potential for assessing the compensation required to site a hazardous waste disposal facility.

Additional Information

Publication
Groothuis, P.A., Van Houtven, G., and Whitehead, J.C. (1998) Using Contingent Valuation to Measure the Compensation Required to Gain Community Acceptance of a LULU: The Case of a Hazardous Waste Disposal Facility, Public Finance Review, 26(3): 231 (May 1998). Published by Sage (ISSN: 1091-1421).
Language: English
Date: 1998