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Estimating households’ willingness-to-pay associated with risks for improved plastic waste management using a new integrated contingent valuation-mindsponge- mindspongeconomics approach

Author

Listed:
  • Khuc, Quy Van
  • Nguyen, An Thinh
  • Ha, Truong Thu
  • Dang, Thao
  • Tien, Nguyen Dinh
  • Ha, Nguyen Thi Vinh
  • Thuy, Pham Thu
  • , Le Khanh Cuong
  • Do, Uyen
  • Nguyen, Hien

Abstract

This study investigates Vietnamese citizens’ participation in plastic waste treatment and environment improvement. We developed and adopted a novel method (CVMM) that integrates the contingent valuation, mindsponge, and mindspongeconomics – a new type of economics to estimate and reasonate households’ financial contribution for improved plastic waste treatment in North Vietnam. CVMM analytics were used to explore 1103 observations surveyed during 2022-2023 in the North Vietnam. The empirical findings suggest that public-private partnership should be further expanded and/or strengthen to improve finance while stronger environment policy associated with environmental education should be taken to improve environmental literacy and build environmental culture, which ultimately help address plastic waste and environmental issues in the long run.

Suggested Citation

  • Khuc, Quy Van & Nguyen, An Thinh & Ha, Truong Thu & Dang, Thao & Tien, Nguyen Dinh & Ha, Nguyen Thi Vinh & Thuy, Pham Thu & , Le Khanh Cuong & Do, Uyen & Nguyen, Hien, 2023. "Estimating households’ willingness-to-pay associated with risks for improved plastic waste management using a new integrated contingent valuation-mindsponge- mindspongeconomics approach," OSF Preprints a5xmt, Center for Open Science.
    • Handle: RePEc:osf:osfxxx:a5xmt
    DOI: 10.31219/osf.io/a5xmt
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    References listed on IDEAS

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    1. Ida Ferrara & Paul Missios, 2005. "Recycling and Waste Diversion Effectiveness: Evidence from Canada," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 30(2), pages 221-238, February.
    2. Jutta Gutberlet & Sebastián Carenzo & Jaan-Henrik Kain & Adalberto Mantovani Martiniano de Azevedo, 2017. "Waste Picker Organizations and Their Contribution to the Circular Economy: Two Case Studies from a Global South Perspective," Resources, MDPI, vol. 6(4), pages 1-12, September.
    3. Quan-Hoang Vuong & Tam-Tri Le & Viet-Phuong La & Huyen Thanh Thanh Nguyen & Manh-Toan Ho & Quy Khuc & Minh-Hoang Nguyen, 2022. "Covid-19 vaccines production and societal immunization under the serendipity-mindsponge-3D knowledge management theory and conceptual framework," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 9(1), pages 1-12, December.
    4. Minh-Hoang Nguyen & Tam-Tri Le & Hong-Kong To Nguyen & Manh-Toan Ho & Huyen T. Thanh Nguyen & Quan-Hoang Vuong, 2021. "Alice in Suicideland: Exploring the Suicidal Ideation Mechanism through the Sense of Connectedness and Help-Seeking Behaviors," IJERPH, MDPI, vol. 18(7), pages 1-24, April.
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    Cited by:

    1. Khuc, Quy Van & Dang, Thao & Nguyen, An Thinh & Nguyen, Mai Huong, 2023. "Investigating the utilization partterns and financial attitude of urban dwellers towards public and national parks: New evidence from Mindsponge-Mindspongeconomics and Bayesian approach," OSF Preprints wzdg7, Center for Open Science.

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