Willingness to pay for improving the residential waste disposal system in Korea: a choice experiment study.
This study attempts to apply choice experiments with regard to the residential waste disposal system (RWDS) in Korea by considering various attributes that are related to RWDS. Using data from a survey conducted on 492 households, the empirical analysis yields estimates of the willingness to pay for a clean food-waste collection facility, the collection of small items (such as obsolete mobile phones and add-ons for personal computers), and a more convenient large waste disposal system. The estimation results of multinomial logit models are quite similar to those of nested logit models. The results reveal that residents have preferences for the cleanliness of facilities and the collection of small items. In Korea, residents are required to purchase and attach stickers for the disposal of large items; they want to be able to obtain stickers at not only village offices but also supermarkets. On the other hand, the frequency of waste collection is not a significant factor in the choice of the improved waste management program.
Ku
Se-Ju
SJ
Department of Economics, Korea University, Seoul, Republic of Korea.
Yoo
Seung-Hoon
SH
Kwak
Seung-Jun
SJ
D003365:Costs and Cost Analysis; D007723:Korea; D008962:Models, Theoretical; D011639:Public Opinion; D012037:Refuse Disposal / Q000191:economics* / Q000379:methods; D018505:Waste Management / Q000191:economics* / Q000379:methods*