Analysing motives behind willingness to pay for improving early warning services for tropical cyclones in Vietnam

Nguyen, Thanh Cong; Robinson, Jackie

doi:10.1002/met.1441

Cited by 13 publications

(7 citation statements)

References 68 publications

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“…Analysis of WTP in the TEWS management uses several variables, namely age, education level and income. This is consistent with Asgary, Levy, & Mehregan (2007) and Nguyen & Robinson (2015) who use these variables in determining WTP estimates for early warning management against natural disasters.…”

Section: Wtp Tsunami Early Warning Systemsupporting

confidence: 86%

Estimation of Communities and Tourists Willingness to Pay for Tsunami Disaster Mitigation of Marine Tourism in the Kalianda Coastal Area, South Lampung Regency

Soejarwo¹,

Rusdi²,

Kodiran³

et al. 2021

J. Ilmu Lingk.

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Indonesia coastal areas have considerable natural disaster potential including in Kalianda District South Lampung Regency. Natural disasters such as earthquakes, tsunamis and volcanic activity are likely to occur in coastal areas. The disaster has an impact on economic losses in the marine tourism area. In order to mitigate tsunami disasters in the marine tourism area of Kalianda District, South Lampung Regency, 3 (three) types of tsunami mitigation are needed, namely: construction of coastal protection, installation of the Tsunami Early Warning System (TEWS) and planting of coastal vegetation. This study aims to determine the value of willingness to pay (WTP) of community and tourists in supporting the management of the three types of tsunami disaster mitigation above by using economic valuation / Contingent Valuation Method (CVM). The results of this study indicate that the WTP value of community for coastal protection management is Rp 15.547/person/month while the WTP value of tourist is Rp 12.030/one time entry. Meanwhile, for the WTP value of TEWS management is obtained Rp 12.174/person/month. WTP value for the management of coastal vegetation is Rp 12.444/person/month. The WTP calculation is based on consideration of 3 (three) factors, namely age, income, livelyhood and education level. This research shows that the community and tourists are willing to pay for the management of the three types of tsunami disaster mitigation through BUMDes and entrance fees for marine tourism area. The three types of tsunami disaster mitigation can protect, provide security and calm to the community and tourists in the marine tourism area of Kalianda District, South Lampung Regency from future tsunami.

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Section: Wtp Tsunami Early Warning Systemsupporting

confidence: 86%

Estimation of Communities and Tourists Willingness to Pay for Tsunami Disaster Mitigation of Marine Tourism in the Kalianda Coastal Area, South Lampung Regency

Soejarwo¹,

Rusdi²,

Kodiran³

et al. 2021

J. Ilmu Lingk.

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“…The stated preference method has been widely used for estimating the economic value of public goods or services. It has also been used in the valuation of climatic and meteorological information, using both contingent valuation [5,8,9,11,23] and choice experiments [6]. The contingent valuation method attempts to measure the value that people place on a particular public good or service taken as a specific bundle of attributes [31].…”

Section: The Stated Preference Methodsmentioning

confidence: 99%

“…The use of choice experiments is relatively new for the non-market valuation of climatic and meteorological information, and very few choice-experiment studies have been undertaken. Nguyen et al [6] is the only study that we found using a choice experiment to examine climatic and meteorological information. They estimated the benefits of an improved cyclone warning service to households in Vietnam.…”

Section: The Stated Preference Methodsmentioning

confidence: 99%

“…The valuation of climatic and meteorological information can be used to estimate the societal benefits from government investment and understand the societal benefits of disaster prevention and management. Research has been conducted in both developed and developing countries, including Vietnam, China, Australia, Korea, Switzerland, and the United States [6][7][8][9][10][11]. Although many efforts have been made, efforts in some sectors have been more focused than others.…”

Section: Introductionmentioning

confidence: 99%

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Critical Analysis of the Value of Drought Information and Impacts on Land Management and Public Health

Liu

Smith

Krop³

et al. 2020

Water

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This paper reviews previous efforts to assign monetary value to climatic or meteorological information, such as public information on drought, climate, early warning systems, and weather forecast information. Methods and tools that have been explored to examine the benefits of climatic and meteorological information include the avoided cost, contingent valuation, choice experiments, benefit transfer, and descriptive approaches using surveys. The second part of this paper discusses specific considerations related to valuing drought information for public health and the Bureau of Land Management. We found a multitude of connections between drought and the land management and health sectors in the literature. The majority of the papers that we summarized only report biophysical change, because the economic losses of drought are not available. Only a few papers reported economic loss associated with drought. To determine the value of drought information, we need to know more about the role it plays in decision making and what sources of drought information are used in different sectors. This inventory of methods and impacts highlights opportunities for further research in valuing drought information in land management and public health.

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“…For example, the authors found a mean WTP of $4.36 per household for improvements in landfall time forecasts, but willingness to pay only $1.30 for improvements in wind-speed forecasts. Other more specific forecasts that have been valued include climate forecasts in Benin (Amegnaglo et al 2017), improvements in tropical cyclone forecasts in Vietnam (Nguyen and Robinson 2015), and improvements in forecasts for agricultural producers in Italy (Predicatori et al 2008). Nguyen and Robinson (2015) relied on a national sample of 863 Vietnamese residents and a choice experiment attempting to value various aspects of cyclone forecasts including accuracy, number of updates, and mobile phone messages.…”

Section: Valuing Specific Forecast Typesmentioning

confidence: 99%

Public Willingness to Pay for Continuous and Probabilistic Hazard Information

et al. 2021

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Investments in new weather forecasting technologies and communication products can be costly and serve the ultimate purpose of protecting life and property. The Forecasting a Continuum of Environmental Threats (FACETs) paradigm attempts to improve technology and communication through the provision of probabilistic hazard information (PHI). The research and technology necessary to produce this information requires a substantial resource investment, but the societal value of the information may outweigh the costs. This study provides an initial estimate of this value by exploring public willingness to pay (WTP) for an app that provides continuously updated, geographically situated PHI that could be utilized during a tornado event. Findings indicate that the mean WTP, in a one-time payment, for this precise hazard information product is $7.53 per person. Aggregated to the US population, the estimated value is between $901 million and $1.56 billion. These findings indicate that federal agencies and private companies are likely to generate a substantial surplus by developing these products and will contribute to improving informed decision-making and protecting lives and property.

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Analysing motives behind willingness to pay for improving early warning services for tropical cyclones in Vietnam

Cited by 13 publications

References 68 publications

Estimation of Communities and Tourists Willingness to Pay for Tsunami Disaster Mitigation of Marine Tourism in the Kalianda Coastal Area, South Lampung Regency

Estimation of Communities and Tourists Willingness to Pay for Tsunami Disaster Mitigation of Marine Tourism in the Kalianda Coastal Area, South Lampung Regency

Critical Analysis of the Value of Drought Information and Impacts on Land Management and Public Health

Public Willingness to Pay for Continuous and Probabilistic Hazard Information

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