EarthRef.org Reference Database (ERR)
Development and Maintenance by the EarthRef.org Database Team

Detailed Reference Information
Willis et al. 2005
Willis, K.G., Scarpa, R. and Acutt, M. (2005). Assessing water company customer preferences and willingness to pay for service improvements: A stated choice analysis. Water Resources Research 41: doi: 10.1029/2004WR003277. issn: 0043-1397.

Water and sewerage companies are regional monopolies in the UK. A government agency regulates these companies, setting standards on quality of service to customers, and every 5 years sets prices that companies can charge customers over the ensuing quinquennium. We use a stated choice experiment model to estimate benefits to water company customers of changes across 14 water service factors. The estimated values were quite similar for each service factor across models (conditional logit (CL), CL quadratic, nested logit (NL), or NL quadratic). Estimates of the cost of infrastructure maintenance and improvement with risk of asset failure, along with CL benefit estimates, permit economic optimization across the water company's whole investment program.

BACKGROUND DATA FILES

Abstract

Keywords
Hydrology, Water supply, Policy Sciences, Demand estimation, Policy Sciences, Benefit-cost analysis, Policy Sciences, Regional planning, water utility, service factors, conditional logit models, welfare effects
Journal
Water Resources Research
http://www.agu.org/wrr/
Publisher
American Geophysical Union
2000 Florida Avenue N.W.
Washington, D.C. 20009-1277
USA
1-202-462-6900
1-202-328-0566
service@agu.org
Click to clear formClick to return to previous pageClick to submit