HOUSEHOLD PREFERENCES FOR SOLID WASTE MANAGEMENT IN MALAYSIA
Jamal Othman
Abstract
Open-access reader
Jamal Othman
Abstract
Open-access reader
This study employs non-marketed goods valuation techniques - Choice Modelling (CM) and Contingent Valuation (CV) - to elicit consumers' willingness to pay (WTP) for different service options. The CM especially aims to estimate the implicit price for each service attribute such as the collection frequency, mode of transportation, the provision of facilities and containers to facilitate separation of waste at source and the tradeoffs among these attributes. Other important objectives include assessing the frequency of generation and magnitude of SW and to understand households' knowledge, attitude, and behavior on various wastes reductions strategies.
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This study employs non-marketed goods valuation techniques - Choice Modelling (CM) and Contingent Valuation (CV) - to elicit consumers' willingness to pay (WTP) for different service options. The CM especially aims to estimate the implicit price for each service attribute such as the collection frequency, mode of transportation, the provision of facilities and containers to facilitate separation of waste at source and the tradeoffs among these attributes. Other important objectives include assessing the frequency of generation and magnitude of SW and to understand households' knowledge, attitude, and behavior on various wastes reductions strategies.
Key concepts: Willingness to pay, Contingent valuation, Valuation (finance), Environmental economics, Business, Hedonic pricing, Service (business), Goods and services