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Economic valuation of coastal water quality and protest responses: a case study in Mitilini, Greece

Jones, Nikoleta; Sophoulis, Costas M. and Malesios, Chrisovaladis (2008). Economic valuation of coastal water quality and protest responses: a case study in Mitilini, Greece. Journal of Socio-Economics, 37(6) pp. 2478–2491.

DOI (Digital Object Identifier) Link: https://doi.org/10.1016/j.socec.2007.06.002
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Abstract

The aim of this study was to evaluate environmental benefits resulting from the construction of a Sewage Treatment Plant (STP) in Mitilini, Greece. The main benefits identified were the improvement of the coastal water quality and subsequent impacts on citizens’ activities. The valuation was conducted using the Contingent Valuation Method (CVM) through the elicitation of individuals’ willingness to pay (WTP). Due to the significant amount of zero and protest responses, different measurements of mean WTP were calculated and the need for further research on social factors which influence individuals’ valuation is emphasized.

Item Type: Journal Item
Copyright Holders: 2007 Elsevier Inc.
ISSN: 1053-5357
Extra Information: Special Issue: Cooperatives and the Economy
Keywords: contingent valuation; willingness to pay; protest responses; distrust; Greece
Academic Unit/School: Faculty of Arts and Social Sciences (FASS) > Social Sciences and Global Studies
Faculty of Arts and Social Sciences (FASS)
Research Group: OpenSpace Research Centre (OSRC)
Item ID: 38436
Depositing User: Nikoleta Jones
Date Deposited: 16 Sep 2013 08:20
Last Modified: 06 Aug 2019 08:45
URI: http://oro.open.ac.uk/id/eprint/38436
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