The Value of Clean Air: Consumers' Willingness to Pay for a Reduction in Gasoline Vapours at Filling Stations
DOI:
https://doi.org/10.15173/esr.v2i1.204Abstract
This paper draws on a cost-benefit study of vapour recovery systems for gasoline stations. These greatly reduce the exposure of the motorist to vapour from gasoline. The benefits are estimated both by questionnaire and by an experiment involving actual payments. Both methods indicate that benefits, as measured by willingness to pay, are far in excess of costs and hence that the technique is socially profitable.
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