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Swiss Journal of Economics and Statistics

, Volume 149, Issue 3, pp 357–379 | Cite as

Spatial effects in willingness to pay for avoiding nuclear risks

  • Yves Schneider
  • Peter Zweifel
Open Access
Article
  • 43 Downloads

Summary

How to deal with the risks associated with nuclear energy is a major policy issue. This paper investigates the effect of an individual’s distance from nuclear power plants on willingness to pay for increased insurance coverage against nuclear accidents (MWP C ) as well as on willingness to pay for solving the nuclear waste disposal problem (MWP W ). Using data from a discrete choice experiment conducted in Switzerland, we find evidence that MWP C values decrease with distance from plant once attitudes influencing choice of residential location are controlled for. However, distance from plant has no effect on MWP W values.

JEL-Classification

R3 L94 C9 

Keywords

citation discrete choice experiment liability insurance nuclear accident willingness to pay 

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Copyright information

© Swiss Society of Economics and Statistics 2013

Authors and Affiliations

  1. 1.University of Lucerne and PolynomicsOltenSwitzerland
  2. 2.Emeritus, Department of EconomicsUniversity of ZurichSwitzerland

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