Empirical Economics
https://doi.org/10.1007/s00181-020-01955-8
Willingness to pay to ensure a continuous water supply
with minimum restrictions
Clevo Wilson
1
· Wasantha Athukorala
2
· Benno Torgler
1
· Robert Gifford
3
·
Maria A. Garcia-Valiñas
4
· Shunsuke Managi
1,5
Received: 14 October 2016 / Accepted: 27 July 2020
© Springer-Verlag GmbH Germany, part of Springer Nature 2020
Abstract
This study provides a quantitative assessment of the willingness to pay to avoid
water use restrictions taking into account psychological, attitudinal and behavioural
influences. We analyse determinants of households’ willingness to pay to ensure a
continuous water supply in Brisbane, Australia. The results show that in addition
to socio-economic variables, attitudinal and behavioural factors—including values,
norms, and beliefs—influence residents’ valuation. They also underscore the impor-
tance of accounting for socio-economic variables and pertinent psychological and
behavioural aspects when implementing policies to manage and conserve urban water.
Keywords Water use restrictions · Willingness to pay · Residential sector ·
Behavioural change
1 Introduction
Water shortages lead to inconvenience for residents, the imposition of an economic cost
on the community, and a loss of a producer surplus for the water authority (Dandy 1992;
Hensher et al. 2005; March et al. 2012). In such cases, residents look for alternative
ways to avoid or comply with the restrictions. In general, the willingness to pay
(WTP) to avoid water restrictions (WTPAR) is driven by such factors as the costs
B Shunsuke Managi
managi@doc.kyushu-u.ac.jp
1
QUT Business School, Queensland University of Technology, Brisbane, Australia
2
Department of Economics, University of Peradeniya, Kandy, Sri Lanka
3
School of Psychology, University of Victoria, Victoria, BC, Canada
4
School of Economics and Business, University of Oviedo, Asturias, Spain
5
Urban Institute & Departments of Urban and Environmental Engineering, Kyushu University, 744,
Motooka Nishi-ku, Fukuoka, Japan
123