Water Supply Security and Willingness to Pay to Avoid Drought Restrictions

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Review article: assessing the costs of natural hazards - state of the art and knowledge gaps (2013, background): “…CV (e.g. Bakarat and Chamberlin, Inc., 1994; Howe et al., 1994; Grifﬁn and Mjelde, 2000; Koss and Khawaja, 2001; Pattanayak and Kramer, 2001a), CM (Hensher et al., 2005; 2006), Life Satisfaction Analysis (Carroll et al., 2009) and Beneﬁt Transfer methods (Martin-Ortega et al., 2012) have been…”
Prices versus Rationing: Marshallian Surplus and Mandatory Water Restrictions (2008, unknown): “Hensher et al. (2006) also used a choice modelling approach in Canberra to calculate the marginal willingness to pay to avoid drought-induced restrictions.”
Estimation on stated-preference experiments constructed from revealed-preference choices (2008, background): “The rate coefficient is held fixed, following Goett et al. (2000) and Hensher et al. (2005, 2006), which implies that the distribution of the value of time and reliability is simply the distribution of these variables’ coefficients scaled by the fixed price coefficient.12 When we attempted to…”
The Economic Impacts of Droughts: A Framework for Analysis (2017, methodology): “…Pagsuyoin and Santos (2015) Macroeconometric Salami et al. (2009) Intangible Contingent valuation Pattanayak and Kramer (2001b) Choice modelling Hensher et al. (2006) Cost-based methods Banerjee et al. (2013) Life satisfaction analysis Carroll et al. (2009) Risk mitigation Cost of…”