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Water Supply Vol 5 No 6 pp 105–113 © IWA Publishing 2005 Estimation of willingness to pay for wastewater treatmentM. Genius*, M. Manioudaki**, E. Mokas***, E. Pantagakis****, D. Tampakakis***** and K.P. Tsagarakis*******Department of Economics, University of Crete, University Campus, 74100 Rethymno, Greece, (E-mail: kandila@her.forthnet.gr) ABSTRACT The aim of this study is to analyse residents' acceptability (willingness to use) of a wastewater treatment plant in their region and to evaluate citizens' Willingness to Pay (WTP) for the public provision of central wastewater treatment. We present a case study on rural and seaside tourist areas of the Municipalities of Lappaion, Georgioupolis and Krioneridas located in North-West Crete. For this purpose, a double bound dichotomous choice format contingent valuation study was conducted where members of 326 households were interviewed with face to face interviews. Mean WTP was found to be 44 € to be paid as an additional charge on the water bill, which is considerably higher than the estimated amount needed for the investment. Keywords Contingent valuation; double bounded dichotomous choice; wastewater treatment PAY-PER-VIEW: Buy this article for £23.5 (IWA MEMBER PRICE: £17.63) - All prices include VAT |
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