Tae-Goun Kim

Preventing land loss in coastal Louisiana: estimates of WTP and WTA.

A dichotomous-choice contingent-valuation survey was conducted in the State of Louisiana (USA) to estimate compensating surplus (CS) and equivalent surplus (ES) welfare measures for the prevention of future coastal wetland losses in Louisiana. Valuations were elicited using both willingness to pay (WTP) and willingness to accept compensation (WTA) payment vehicles. Mean CS (WTP) estimates based on a probit model using a Box-Cox specification on income was

What are Barrier Islands Worth? Estimates of Willingness to Pay for Restoration

825 per household annually, and mean ES (WTA) was estimated at

Preferences for Timing of Wetland Loss Prevention in Louisiana

4444 per household annually. Regression results indicate that the major factors influencing support for land-loss prevention were income (positive, WTP model only), perceived hurricane protection benefits (positive), environmental and recreation protection (positive), distrust of government (negative), age (positive, WTA model only), and race (positive for whites).

Natural resource damage assessment for the Hebei Spirit oil spill: An application of Habitat Equivalency Analysis

A dichotomous-choice contingent-valuation survey was conducted in the State of Mississippi (USA) to estimate willingness to pay (WTP) for three restoration options being considered for the states barrier islands. Random-effects probit models were estimated, and parametric and non-parametric WTP estimates and confidence intervals were calculated. Turnbull lower-bound mean WTP was

Study on Public Awareness of establishing Marine Protected Areas - Case Study of Guimaras Province, Philippines using Contingent Valuation Method

22 per respondent to maintain the existing footprint over a 30-year period,

Conceptual Design of Navigation Safety Module for S2 Service Operation of the Korean e-Navigation System

152 to restore 2,338 acres (pre-1969 footprint), and

Study on Efficient Port Environmental Management for Sustainable Port Operation (I): Case Study of Marine Environments and Natural Resources Impacts by Busan New Port Development

277 to restore 5,969 acres (pre-1900 footprint). Econometric results indicate that for the Pre-Camille and Pre-1900 options, coastal residents and those citing storm protection, recreation impact, and environmental impact as primary decision factors, were more likely to support restoration, with marginal effects of these greater for the Pre-Camille option. For the Status-Quo option, 75% of respondents voted in favor of restoration, and the offered bid was not significant; only the hurricane-protection and environmental-impact variables were significant for this option.

A Study on Stabilizing Container Terminal Market in Busan Port

Data obtained through a contingent-valuation survey were used to analyze preferences for wetland-loss prevention in coastal Louisiana. Results indicate a strong preference for a short-run program over a long-run program or no action. Respondents that had higher incomes, were white, had prior knowledge of ongoing restoration efforts, and had confidence in government were more likely to vote yes relative to no action, as were those citing hurricane, environmental, or climate-change protection as their primary concern. Turnbull Lower-Bound median willingness to pay (willingness to accept compensation) was estimated at

Economic Damage Assessment of Coastal Development using Dynamic Bioeconomic Model

3,547 (

Public perceptions of wetland restoration benefits in Louisiana

5,313) per household for the short-run program and