Description
This paper estimates both the households’ costs of coping with the problem of unreliable public water supplies and their willingness to pay (WTP) for improved water supplies in Kathmandu valley. Coping costs are calculated from respondents’ answers on averting behavior, market price and value of time. The willingness to pay for improved water supply is calculated using stated preference method, which is then compared with the value obtained from revealed preference method. This paper also discusses the effects of a household’s socio-economic characteristics on its coping costs and WTP for improved water supply.
Coping with unreliable water supplies and willingness to pay for improved water supplies in Kathmandu
This paper estimates both the households’ costs of coping with the problem of unreliable public water supplies and their willingness to pay (WTP) for improved water supplies in Kathmandu valley. Coping costs are calculated from respondents’ answers on averting behavior, market price and value of time. The willingness to pay for improved water supply is calculated using stated preference method, which is then compared with the value obtained from revealed preference method. This paper also discusses the effects of a household’s socio-economic characteristics on its coping costs and WTP for improved water supply.