Abstract
This paper estimates the economic valuation, discusses preferences for electronic waste (e-waste) recycling, and identifies the most preferred attributes in e-waste recycling. Stratified random sampling from the households in Putrajaya, Malaysia was utilised to obtain the primary data. It provides the readers with an intrinsic satisfaction when choosing a modelling analysis on the valuation of non-market goods using conditional logit simple model. The findings indicate that the option attributes were highly significant and there was no inherent bias towards either the change or no-change option held by the respondents.
Highlights
Informal electronic waste (e-waste) recycling is a 21st century challenge in the environmental field towards the development of a nation
E-waste is perceived as a valuable source of raw material for many industries, and viewed as a good business opportunity if it is supported by proper recycling methods and technologies to safeguard the environment
The part subsequently looks at recycling preferences by using choice modelling (CM) analysis
Summary
Informal electronic waste (e-waste) recycling is a 21st century challenge in the environmental field towards the development of a nation. It appears ambiguously in generating electrical and electronic equipment waste. Waste of electronic equipment has great potential as a valuable resource if it is disposed of responsibly, with the materials reused or recycled to the greatest extent possible. In this case, in terms of the potential to enhance the commercial aspect of e-waste, it is deduced that e-waste is a precious resource with more efficient use and more extensive reuse of materials. It reduces the need to extract more raw materials from the ground as well as reduces environmental effects
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