Willingness to Accept Compensation for a Waste Power Plant: Case Study of Tumbol Dong Daeng, Chaturaphak Phiman District, Roi Et
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Abstract
The objective of this study was to evaluate a community's willingness to accept compensation from the construction of a waste-to-energy plant. This study employed the contingent valuation method to evaluate the willingness to accept compensation in hypothetical situations. Data were collected from samples in Tumbon Dong-Dang, Chaturaphak Phiman district, Roi-et province by a survey of double-bounded choice with closed-end questions. The data were estimated in the form of Log-likelihood function to verify the statistical relationship between variables. The estimation represented two cases of samples: residents in agricultural areas near the plant, and residents in housing areas in which garbage trucks frequently travel. The results revealed that for residents near the plant, age and years of education anticipated the effect of the plant on the household, and knowledge about the power plant statistically determined the level of the compensation opportunity. Samples were willing to accept compensation at 75,000 baht/household. On the other hand, factors determining the compensation opportunity of residents in the truck traveling areas were positive attitude towards the power plant and the need of need for infrastructure. They were willing to accept compensation at 14,250 baht/household. This study suggests that policy makers should consider this valuation approach before allocating the budget for compensation in the area the power plant is to be constructed.
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