European heritage significance

WTP of York households to avoid Heritage Buildings being destroyed in the town of York, Western Australia, as a result of earthquake

Fire
Flood
Storm
Earthquake
Tsunami
Heatwave
Calculated WTP Marginal Change being measured Recommendations
$297.25 AUD
WTP per household per heritage building saved

Useful for NH BT; especially earthquakes in Australian context. Peer review not yet completed, but study reports key information for BT.

WTP Details

Hazard types identified
Earthquake
Specific Value Type measured
European heritage significance
Currency Year - original study
WTP estimate - original study value
$297.25 per household per heritage building saved
Currency - original study
AUD
WTP converted to $AU in original year from the study
$297.25 AUD
WTP measure
Mean
Standard Error
84.38
Other variables that significantly explain WTP

n/a

Study Details

Value type applicable
Cultural Heritage
Study conducted in the context of a natural hazard?
Yes
Study quality
High
Benefits transfer applicability
High
Recommendations

Useful for NH BT; especially earthquakes in Australian context. Peer review not yet completed, but study reports key information for BT.

Methods

Data collection method used
Choice modeling
Analysis model
mixed logit model
Modelled number of individuals
40
Modelled number of observations
120

Sample Characteristics

Country/region studied
York, Western Australia
Country of source studies
Australia
Sampled population
Shire of York and neighbouring shires
Range in years of data
2020
Mean sample age
51 (median age)
Percent Male
20
Percent Female
80
Mean sample income
$800-$1200 per week (median income)
Income units
AUD

Publication

Willingness to pay to avoid the non-market impacts of earthquakes in York, Western Australia.

Rogers, A.A., Rollins, C., Florec, V. 2021. Willingness to pay to avoid the non-market impacts of earthquakes in York, Western Australia. Bushfire and Natural Hazards CRC Report 667, The University of Western Australia, Crawley.

Citation
Rogers, et al. 2021
Authors
Rogers, A.A., Rollins, C., Florec, V.
Year published
Peer reviewed?
No
Journal name
n/a

Additional information

Notes on this study

Respondents were informed that there is a 1 in 50 chance of a large earthquake in York in the next 50 years, and a 1 in 10 chance of a moderate earthquake in the next 50 years. Heritage buildings defined as those listed on the Western Australian State Register of Heritage Places. Attribute level range as follows. Status quo in the event of an earthquake: 24 out of 30 buildings destroyed (large earthquake); 6 buildings destroyed (moderate earthquake). Maximum improvement considered through retrofitting program: 4 buildings destroyed (large earthquake); 1 building destroyed (moderate earthquake). WTP is converted to a per case estimate, with expected value of the attribute calculated as: p(moderate earthquake) x moderate damage  +  p(large earthquake) x large damage

WTP of Perth households to avoid Heritage Buildings being destroyed in the town of York, Western Australia, as a result of earthquake

Fire
Flood
Storm
Earthquake
Tsunami
Heatwave
Calculated WTP Marginal Change being measured Recommendations
$194.73 AUD
WTP per household per heritage building saved

Useful for NH BT; especially earthquakes in Australian context. Peer review not yet completed, but study reports key information for BT.

WTP Details

Hazard types identified
Earthquake
Specific Value Type measured
European heritage significance
Currency Year - original study
WTP estimate - original study value
$194.73 per household per heritage building saved
Currency - original study
AUD
WTP converted to $AU in original year from the study
$194.73 AUD
WTP measure
Mean
Standard Error
11.78
Other variables that significantly explain WTP

n/a

Study Details

Value type applicable
Cultural Heritage
Study conducted in the context of a natural hazard?
Yes
Study quality
High
Benefits transfer applicability
High
Recommendations

Useful for NH BT; especially earthquakes in Australian context. Peer review not yet completed, but study reports key information for BT.

Methods

Data collection method used
Choice modeling
Analysis model
mixed logit model
Modelled number of individuals
854
Modelled number of observations
4270

Sample Characteristics

Country/region studied
York, Western Australia
Country of source studies
Australia
Sampled population
Perth Metropolitan Region
Range in years of data
2020
Mean sample age
47 (median age)
Percent Male
49
Percent Female
51
Mean sample income
$1200-$1700 per week (median income)
Income units
AUD

Publication

Willingness to pay to avoid the non-market impacts of earthquakes in York, Western Australia.

Rogers, A.A., Rollins, C., Florec, V. 2021. Willingness to pay to avoid the non-market impacts of earthquakes in York, Western Australia. Bushfire and Natural Hazards CRC Report 667, The University of Western Australia, Crawley.

Citation
Rogers, et al. 2021
Authors
Rogers, A.A., Rollins, C., Florec, V.
Year published
Peer reviewed?
No
Journal name
n/a

Additional information

Notes on this study

Respondents were informed that there is a 1 in 50 chance of a large earthquake in York in the next 50 years, and a 1 in 10 chance of a moderate earthquake in the next 50 years. Heritage buildings defined as those listed on the Western Australian State Register of Heritage Places. Attribute level range as follows. Status quo in the event of an earthquake: 24 out of 30 buildings destroyed (large earthquake); 6 buildings destroyed (moderate earthquake). Maximum improvement considered through retrofitting program: 4 buildings destroyed (large earthquake); 1 building destroyed (moderate earthquake). WTP is converted to a per case estimate, with expected value of the attribute calculated as: p(moderate earthquake) x moderate damage  +  p(large earthquake) x large damage   
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