Spatial effects in willingness to pay for avoiding nuclear risks

Schneider, Yves; Zweifel, Peter

doi:10.1007/bf03399395

Cited by 13 publications

(10 citation statements)

References 25 publications

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“…Specifically, the benefit from living at a distance >85 km instead of <40 km is practically the same as living at 40-85 km instead of <40 km. This finding roughly corresponds to the finding of Schneider and Zweifel (2013) that Swiss citizens' stated willingness to pay for insurance against nuclear risk is decreasing in distance only up to about 50 -100 km of distance (depending on sex and attitudinal characteristics of respondents).…”

Section: Summary and Discussionsupporting

confidence: 57%

“…Since the subjective accident probability enters our conceptualization of nuclear risk in a multiplicative fashion (R = *D(distance)), the parameter  in specification (4) may differ across people with different subjective probabilities. As reported by Schneider and Zweifel (2013) in their stated choice study, for instance, women in Switzerland are more concerned about nuclear risk than are men. We will therefore estimate extended versions of specification (4) that include interactions of distance with a female dummy, but also with age and the education level.…”

Section: Empirical Strategymentioning

confidence: 75%

“…Fink and Stratmann (2013) found no change of property prices in the proximity of NPPs in the US, whereas Bauer et al (2013) found that house prices near NPPs in Germany dropped by up to 11 percent. Schneider and Zweifel (2013) report the results of a stated choice experiment conducted in Switzerland in 2001. Their main result is that stated willingness to pay for increased insurance coverage against nuclear accidents decreases with distance from plant once attitudes influencing choice of residential location are controlled for.…”

Section: Introductionmentioning

confidence: 99%

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Measuring nuclear power plant externalities using life satisfaction data: A spatial analysis for Switzerland

Welsch

Biermann

2016

Ecological Economics

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in AbstractConceptualizing externalities from perceived nuclear risk as being related to distance from nuclear facilities, we estimate the relationship between Swiss citizens' life satisfaction (understood as a proxy of utility) and the distance of their place of residence from the nearest nuclear power plant. Controlling for a rich set of life satisfaction factors, we find a statistically and economically significant satisfaction-distance gradient, whose monetary value amounts to CHF 291 per kilometer of distance, on average. The gradient is smaller for those who may feel protected by wind direction and topographical conditions, and it differs by age, sex, and the level of education. The satisfaction-distance gradient has changed significantly after the nuclear disaster at Fukushima, Japan, indicating a reassessment of distance-dependent nuclear risk. We find no evidence of hedonic locational equilibrium with respect to nuclear risk.

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Section: Summary and Discussionsupporting

confidence: 57%

Section: Empirical Strategymentioning

confidence: 75%

Section: Introductionmentioning

confidence: 99%

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Measuring nuclear power plant externalities using life satisfaction data: A spatial analysis for Switzerland

Welsch

Biermann

2016

Ecological Economics

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show abstract

“…Schneider and Zweifel (2013) report the results of a stated choice experiment conducted in Switzerland. The main result is that stated willingness to pay for increased insurance coverage against nuclear accidents decreases with distance from plant once attitudes influencing choice of residential location are controlled for.…”

Section: Valuation Studiesmentioning

confidence: 99%

Electricity Externalities, Siting, and the Energy Mix: A Survey

Welsch

2016

IRERE

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in AbstractWhile early literature on electricity externalities was largely concerned with fossil fuel power generation and the associated emissions, nuclear accidents (Chernobyl, Fukushima) and the large-scale deployment of renewable energy facilities have spurred a wave of research on the externalities of nuclear power and renewable energies. The issue is important because many countries have started reconsidering their energy policies, and the externalities from electricity generation play a major role in the benefit-cost analysis of relevant options. This paper reviews the literature on electricity-related externalities. It starts by discussing their nature and the methods employed in valuing them. It finds that appraisals of electricity externalities are complicated because of heterogeneity of both the externalities themselves and the methods applied in measuring them. The paper reviews valuation studies of the externalities from fossil fuel, nuclear and renewable sources, and it discusses the relevance of their findings for the siting of plants and the electricity mix. It concludes by pointing out gaps in our knowledge about electricity externalities that deserve to be addressed in future research.

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“…Giordano et al . also focus upon perceived distance in relation to a nuclear power plant (i.e., hazard source), finding a U‐shaped relationship (people living in the immediate vicinity and further away perceive themselves to be closer than those living in‐between), with Schneider and Zweifel finding similar U‐shaped characteristics in terms of willingness to pay to avoid nuclear risks. Lindell and Earle, Giordano, and Moffatt et al .…”

Section: Introductionmentioning

confidence: 99%

The Impact of Perceived Flood Exposure on Flood‐Risk Perception: The Role of Distance

et al. 2016

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Natural hazards, such as major flood events, are occurring with increasing frequency and inflicting increasing levels of financial damages upon affected communities. The experience of such major flood events has brought about a significant change in attitudes to flood-risk management, with a shift away from built engineering solutions alone towards a more multifaceted approach. Europe's experience with damaging flood episodes provided the impetus for the introduction of the European Floods Directive, requiring the establishment of flood-risk management plans at the river-basin scale. The effectiveness of such plans, focusing on prevention, protection, and preparedness, is dependent on adequate flood awareness and preparedness, and this is related to perception of flood risk. This is an important factor in the design and assessment of flood-risk management. Whilst there is a modern body of literature exploring flood perception issues, there have been few examples that explore its spatial manifestations. Previous literature has examined perceived and real distance to a hazard source (such as a river, nuclear facility, landfill, or incinerator, etc.), whereas this article advances the literature by including an objectively assessed measure of distance to a perceived flood zone, using a cognitive mapping methodology. The article finds that distance to the perceived flood zone (perceived flood exposure) is a crucial factor in determining flood-risk perception, both the cognitive and affective components. Furthermore, we find an interesting phenomenon of misperception among respondents. The article concludes by discussing the implications for flood-risk management.

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Spatial effects in willingness to pay for avoiding nuclear risks

Cited by 13 publications

References 25 publications

Measuring nuclear power plant externalities using life satisfaction data: A spatial analysis for Switzerland

Measuring nuclear power plant externalities using life satisfaction data: A spatial analysis for Switzerland

Electricity Externalities, Siting, and the Energy Mix: A Survey

The Impact of Perceived Flood Exposure on Flood‐Risk Perception: The Role of Distance

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