An Approach to Analysing Water Consumers’ Acceptance of Risk-Reduction Costs
Autor: | Barbara Tchórzewska-Cieślak, E. Kuliczkowska, Katarzyna Pietrucha-Urbanik |
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Jazyk: | angličtina |
Rok vydání: | 2020 |
Předmět: |
Risk analysis
Process (engineering) risk analysis media_common.quotation_subject 0208 environmental biotechnology Water supply 02 engineering and technology 010501 environmental sciences Management Monitoring Policy and Law 01 natural sciences risk management Operational risk Quality (business) lcsh:Science Risk management 0105 earth and related environmental sciences Nature and Landscape Conservation media_common business.industry Environmental economics Investment (macroeconomics) 020801 environmental engineering Investment management water supply system lcsh:Q safety of water supply business |
Zdroj: | Resources, Vol 9, Iss 132, p 132 (2020) Resources Volume 9 Issue 11 |
ISSN: | 2079-9276 |
Popis: | The proper operation of a water supply system (WSS) requires constant investment. The priority is to provide residents with high quality potable water, in the required quantity and pressure, in accordance with the applicable regulations. The paper presents an assessment of the potential inherent operational risk of a WSS in support of the risk-based investment management process. It is of high importance to invest in the operational safety as it concerns both producers and consumers. The investment engenders additional costs that should partially be supported by the consumers. Thus, the paper presents a methodology to analyse consumers&rsquo readiness to accept water supply services&rsquo additional costs. The proposed methods may underpin a comprehensive program for risk-based investment management and operational decision-making. The case study and the approach in this article concern one particular regional WSS, based on information collected from water consumers. The assessment suggests a willingness to tolerate additional costs in view of enhancing the performance of the water supply services. |
Databáze: | OpenAIRE |
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