Evaluation of Industrial Pollution by Means of Experimental Economics

摘要

cqvip:In this work,a methodological framework under the form of an algorithmic procedure,including 28 activity stages and 6 decision nodes,has been developed for evaluating environmental impact caused by industrial activities.The main part of this procedure is a modification of the CVM(Contingent Valuation Method),which is heavily relied on survey-based estimation of WTP-WTA(Willingness To Pay/Accept,respectively).The survey may take place either under a strictly controlled environment or in situ and as-is(“laboratory conditions”or“field conditions”,respectively,in the terminology of experimental economics).Implementation of this methodology is presented,referring to three cases of industrial pollution(in three different sites)caused by:(i)a cement producing unit,(ii)an oil refinery complex,and(iii)an industrialized small city with an intensively polluted port,where several industrial units co-exist,all of them located in the vicinity of Athens,Greece.The results are interpreted/discussed and conclusions are drawn.