Economic valuation of coastal water quality and protest responses: A case study in Mitilini, Greece |
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| Authors: | Nikoleta Jones Costas M Sophoulis Chrisovaladis Malesios |
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| Institution: | aCentre for Environmental Policy and Strategic Environmental Management, Department of the Environment, University of the Aegean, Xenia A, University Hill, GR 81100 Mitilini, Greece;bDepartment of Statistics, Athens University of Economics and Business, 76, Patission Str., GR10434 Athens, Greece |
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| Abstract: | The aim of this study was to evaluate environmental benefits resulting from the construction of a Sewage Treatment Plant (STP) in Mitilini, Greece. The main benefits identified were the improvement of the coastal water quality and subsequent impacts on citizens’ activities. The valuation was conducted using the Contingent Valuation Method (CVM) through the elicitation of individuals’ willingness to pay (WTP). Due to the significant amount of zero and protest responses, different measurements of mean WTP were calculated and the need for further research on social factors which influence individuals’ valuation is emphasized. |
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| Keywords: | Contingent valuation Willingness to pay Protest responses Distrust Greece |
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