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Willingness to Pay for Improved Water Supply Services Based on Asset Management: A Contingent Valuation Study in South Korea
The pressure on water infrastructure has increased due to an increase in the number of aging water pipes. Aging pipes are prone to failure, causing significant financial losses and service disruptions. The increasing number of aged pipes and limited budget for pipe rehabilitation or replacement necessitates water infrastructure asset management to ensure sustainable water supply services. In this study, contingent valuation was used to estimate the willingness to pay (WTP) and value improveddoi:10.3390/w13152040 fatcat:txkp6pqxezfnppir6ubx2fwyiy