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Willingness to pay to ensure a continuous water supply with minimum restrictions

Author

Listed:
  • Clevo Wilson

    (Queensland University of Technology)

  • Wasantha Athukorala

    (University of Peradeniya)

  • Benno Torgler

    (Queensland University of Technology)

  • Robert Gifford

    (University of Victoria)

  • Maria A. Garcia-Valiñas

    (University of Oviedo)

  • Shunsuke Managi

    (Queensland University of Technology
    Kyushu University)

Abstract

This study provides a quantitative assessment of the willingness to pay to avoid water use restrictions taking into account psychological, attitudinal and behavioural influences. We analyse determinants of households’ willingness to pay to ensure a continuous water supply in Brisbane, Australia. The results show that in addition to socio-economic variables, attitudinal and behavioural factors—including values, norms, and beliefs—influence residents’ valuation. They also underscore the importance of accounting for socio-economic variables and pertinent psychological and behavioural aspects when implementing policies to manage and conserve urban water.

Suggested Citation

  • Clevo Wilson & Wasantha Athukorala & Benno Torgler & Robert Gifford & Maria A. Garcia-Valiñas & Shunsuke Managi, 2021. "Willingness to pay to ensure a continuous water supply with minimum restrictions," Empirical Economics, Springer, vol. 61(3), pages 1519-1537, September.
    • Handle: RePEc:spr:empeco:v:61:y:2021:i:3:d:10.1007_s00181-020-01955-8
    DOI: 10.1007/s00181-020-01955-8
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    References listed on IDEAS

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