Utilizing a contingent valuation survey approached that has been used to estimate the cost of street crimes, the average willingness to pay for a 10% reduction in each of these four offenses is estimated to range between $70 and $75 per household.
A necessity of our society has become staying connected. It is now an expectation for individuals to be “reachable” at all times throughout the day. This expectation can be correlated directly with the increasing trend of technology. 267 more words