IDEAS home Printed from https://ideas.repec.org/a/spr/aphecp/v22y2024i6d10.1007_s40258-024-00909-w.html
   My bibliography  Save this article

A Contingent Valuation Study for Use in Valuing Public Goods with Health Externalities: The Case of Street Pianos

Author

Listed:
  • Aikaterini Papadopoulou

    (Glasgow Caledonian University)

  • Helen Mason

    (Glasgow Caledonian University)

  • Cam Donaldson

    (Glasgow Caledonian University)

Abstract

Background Clinical healthcare is not the only way to improve an individual’s health. Community-based interventions can have health and wellbeing impacts as well; however, the nature of these interventions, which have public good characteristics, poses challenges for the typical ways in which we value outcomes for use in (health) economic evaluations. The approaches to valuation of these type of interventions should allow for the incorporation of all types of values including option value, externalities and individual use-value. Objective This is a feasibility study with the objective to re-consider the importance of health externalities when valuing public health interventions that are treated as public goods from an economic perspective. Methods A contingent valuation (CV) survey was designed to elicit individual willingness to pay (WTP) for the public piano programme (PPP). Five different scenarios were designed; three scenarios focussed on individual use–value, while the other two (scenarios 4 and 5) covered option values and externalities. An online survey was conducted with a sample of 105 people. Results Preferences differed across the different scenarios. The mean WTP for scenario 1 was £0.81, for scenario 2 £3.65, for scenario 3 £3.07, for scenario 4 £7.26 and for scenario 5 £6.02. The WTP results for each scenario are presented and discussed regarding the nature of the good, user and non-user perspectives, payment vehicles and individual characteristics. Conclusion This study provides evidence that all types of use are necessary for inclusion in an economic evaluation, especially when the good in question is a public good where its benefits can be obtained from all community members.

Suggested Citation

  • Aikaterini Papadopoulou & Helen Mason & Cam Donaldson, 2024. "A Contingent Valuation Study for Use in Valuing Public Goods with Health Externalities: The Case of Street Pianos," Applied Health Economics and Health Policy, Springer, vol. 22(6), pages 871-883, November.
    • Handle: RePEc:spr:aphecp:v:22:y:2024:i:6:d:10.1007_s40258-024-00909-w
    DOI: 10.1007/s40258-024-00909-w
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s40258-024-00909-w
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s40258-024-00909-w?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Richard Carson & Robert Mitchell & Michael Hanemann & Raymond Kopp & Stanley Presser & Paul Ruud, 2003. "Contingent Valuation and Lost Passive Use: Damages from the Exxon Valdez Oil Spill," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 25(3), pages 257-286, July.
    2. Richard D. Smith, 2007. "Use, option and externality values: are contingent valuation studies in health care mis‐specified?," Health Economics, John Wiley & Sons, Ltd., vol. 16(8), pages 861-869, August.
    3. Phil Shackley & Simon Dixon, 2000. "Using contingent valuation to elicit public preferences for water fluoridation," Applied Economics, Taylor & Francis Journals, vol. 32(6), pages 777-787.
    4. Francesca Calò & Simon Teasdale & Cam Donaldson & Michael J. Roy & Simone Baglioni, 2018. "Collaborator or competitor: assessing the evidence supporting the role of social enterprise in health and social care," Public Management Review, Taylor & Francis Journals, vol. 20(12), pages 1790-1814, December.
    5. Dorte Gyrd‐Hansen & Mette Lundsby Jensen & Trine Kjaer, 2014. "Framing The Willingness‐To‐Pay Question: Impact On Response Patterns And Mean Willingness To Pay," Health Economics, John Wiley & Sons, Ltd., vol. 23(5), pages 550-563, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Denise L. Stanley, 2005. "Local Perception of Public Goods: Recent Assessments of Willingness‐to‐pay for Endangered Species," Contemporary Economic Policy, Western Economic Association International, vol. 23(2), pages 165-179, April.
    2. Lee, Juyong & Cho, Youngsang, 2020. "Estimation of the usage fee for peer-to-peer electricity trading platform: The case of South Korea," Energy Policy, Elsevier, vol. 136(C).
    3. Lee, Kye Woo & Yoo, Se Jong, 2018. "Measuring Nuclear Power Plant Negative Externalities through the Life Satisfaction Approach: The Case of Ulsan City," KDI Journal of Economic Policy, Korea Development Institute (KDI), vol. 40(1), pages 67-83.
    4. Roland Cheo, 2006. "Teaching Contingent Valuation and Promoting Civic Mindedness in the Process," International Review of Economic Education, Economics Network, University of Bristol, vol. 5(2), pages 81-97.
    5. Kari Hyytiäinen & Anni Huhtala, 2014. "Combating eutrophication in coastal areas at risk for oil spills," Annals of Operations Research, Springer, vol. 219(1), pages 101-121, August.
    6. Diane Dupont, 2003. "CVM Embedding Effects When There Are Active, Potentially Active and Passive Users of Environmental Goods," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 25(3), pages 319-341, July.
    7. Lopez-Feldman, Alejandro, 2012. "Introduction to contingent valuation using Stata," MPRA Paper 41018, University Library of Munich, Germany.
    8. Dale Whittington & Vic Adamowicz, 2010. "The Use of Hypothetical Baselines in Stated Preference Surveys," EEPSEA Special and Technical Paper sp201009s1, Economy and Environment Program for Southeast Asia (EEPSEA), revised Sep 2010.
    9. Thomas Broberg, 2010. "Income Treatment Effects in Contingent Valuation: The Case of the Swedish Predator Policy," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 46(1), pages 1-17, May.
    10. Bruno S. Frey & Simon Luechinger & Alois Stutzer, 2007. "Calculating Tragedy: Assessing The Costs Of Terrorism," Journal of Economic Surveys, Wiley Blackwell, vol. 21(1), pages 1-24, February.
    11. repec:hal:journl:hal-04846784 is not listed on IDEAS
    12. Blackman, Allen & Qin, Ping & Yang, Jun, 2020. "How costly are driving restrictions? Contingent valuation evidence from Beijing," Journal of Environmental Economics and Management, Elsevier, vol. 104(C).
    13. Lehrer, David & Becker, Nir & Bar, Pua, 2010. "The economic impact of the invasion of Acacia saligna in Israel," MPRA Paper 33954, University Library of Munich, Germany.
    14. Richard T. Carson, 2011. "Contingent Valuation," Books, Edward Elgar Publishing, number 2489.
    15. Brouwer, Roy & Martín-Ortega, Julia, 2012. "Modeling self-censoring of polluter pays protest votes in stated preference research to support resource damage estimations in environmental liability," Resource and Energy Economics, Elsevier, vol. 34(1), pages 151-166.
    16. Meinard, Yves & Grill, Philippe, 2011. "The economic valuation of biodiversity as an abstract good," Ecological Economics, Elsevier, vol. 70(10), pages 1707-1714, August.
    17. Banzhaf, H. Spencer, 2016. "Constructing markets: environmental economics and the contingent valuation controversy," MPRA Paper 78814, University Library of Munich, Germany.
    18. Kube, Roland & Löschel, Andreas & Mertens, Henrik & Requate, Till, 2018. "Research trends in environmental and resource economics: Insights from four decades of JEEM," Journal of Environmental Economics and Management, Elsevier, vol. 92(C), pages 433-464.
    19. Bruno S. Frey & Simon Luechinger, 2005. "Measuring terrorism," Chapters, in: Alain Marciano & Jean-Michel Josselin (ed.), Law and the State, chapter 6, Edward Elgar Publishing.
    20. Alexandra L. Egan & B. Louise Chilvers & Sue Cassells, 2024. "Expected direct costs of an oil spill in a UNESCO World Heritage area in New Zealand," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 68(3), pages 608-627, July.
    21. Ghosh, Ranjan & Goyal, Yugank & Rommel, Jens & Sagebiel, Julian, 2017. "Are small firms willing to pay for improved power supply? Evidence from a contingent valuation study in India," Energy Policy, Elsevier, vol. 109(C), pages 659-665.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:aphecp:v:22:y:2024:i:6:d:10.1007_s40258-024-00909-w. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.