The Role of Social Distrust in Risk-Benefit Analysis: A Study of the Siting of a Hazardous Waste Disposal Facility
Distrust of social institutions is becoming an important component of risk communication and policy analysis. To assess the impact of social distrust on decision making, we examine the role of distrust of information sources on the willingness to accept a hazardous waste disposal facility in one's neighborhood. Using a prospective-reference utility model, distrust of information sources is analyzed a possible influence on individual choice in a risk-benefit tradeoff. Using contingent valuation survey data on the siting of a hazardous waste disposal facility, we find that respondents are particularly distrustful of both governmental officials and waste disposal businesses. We find that social distrust increases the perceived risk of a facility and influences the likelihood of accepting a referendum to site a hazardous waste disposal facility. The level of compensation offered in the contingent valuation scenario also is found to influence a respondent's risk perception. Copyright 1997 by Kluwer Academic Publishers
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 15 (1997)
Issue (Month): 3 (December)
|Contact details of provider:|| Web page: http://www.springer.com|
|Order Information:||Web: http://www.springer.com/economics/economic+theory/journal/11166/PS2|