Analysis of household preferences on waste electrical and electronic equipment management
The management of waste electrical and electronic equipment (WEEE) has become an environmental concern in Malaysia due to its rapid growth. To address this issue, we tried to investigate the relationship between household’s willingness to pay (WTP) and WEEE management system in Kuala Lumpur, Mal...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Inderscience Online
2015
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/54532/ http://irep.iium.edu.my/54532/ http://irep.iium.edu.my/54532/ http://irep.iium.edu.my/54532/1/afroz2015.pdf |
| Summary: | The management of waste electrical and electronic equipment
(WEEE) has become an environmental concern in Malaysia due to its rapid
growth. To address this issue, we tried to investigate the relationship between
household’s willingness to pay (WTP) and WEEE management system in
Kuala Lumpur, Malaysia. In order to quantify household’s WTP for
improved WEEE management system, we employed a contingent valuation
method (CVM). The household’s WTP was then elicited through a series of
face-to-face interviews of residents in 350 randomly selected households. The
results showed that 73.52% of the households were willing to pay. The mean
WTP was RM 23.47 ($8.09) per household monthly fee. In order to establish
the relationship between endogenous variables and household’s WTP, a logistic
regression model was constructed. It was found that education level, age and
household income significantly affected households’ WTP for improving
WEEE management system in Kuala Lumpur. |
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