Md Sayed Iftekhar , Fan Zhang , Maksym Polyakov , James Fogarty , Michael Burton
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引用次数: 9
Abstract
Rain gardens are an established element of water sensitive urban infrastructure. However, information on people's preferences for such systems is lacking. To understand whether people express willingness to pay for such systems and whether estimates are transferable between locations, we conducted choice experiments in Sydney and Melbourne. We found that people are willing to pay for rain gardens. The marginal willingness to pay for different features is similar in both locations, but the transfer of compensating surplus values between locations still generates transfer errors. The implications of transfer errors are investigated using a benefit-cost analysis of a rain garden installation.
期刊介绍:
Water Resources and Economics is one of a series of specialist titles launched by the highly-regarded Water Research. For the purpose of sustainable water resources management, understanding the multiple connections and feedback mechanisms between water resources and the economy is crucial. Water Resources and Economics addresses the financial and economic dimensions associated with water resources use and governance, across different economic sectors like agriculture, energy, industry, shipping, recreation and urban and rural water supply, at local, regional and transboundary scale.
Topics of interest include (but are not restricted to) the economics of:
Aquatic ecosystem services-
Blue economy-
Climate change and flood risk management-
Climate smart agriculture-
Coastal management-
Droughts and water scarcity-
Environmental flows-
Eutrophication-
Food, water, energy nexus-
Groundwater management-
Hydropower generation-
Hydrological risks and uncertainties-
Marine resources-
Nature-based solutions-
Resource recovery-
River restoration-
Storm water harvesting-
Transboundary water allocation-
Urban water management-
Wastewater treatment-
Watershed management-
Water health risks-
Water pollution-
Water quality management-
Water security-
Water stress-
Water technology innovation.