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V. DISCUSSION AND CONCLUSION

5.2. Conclusion

This thesis has offered a comprehensive model for explaining when residents in Ulsan increase or decrease acceptance on the Ulsan offshore wind power project. We have investigated the individual and joint effects of profit-sharing schemes as well as the

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conventional factors previously studied in the public acceptance literature. The findings drawn from the survey data obtained from 500 Ulsan residents have demonstrated that the effect of profit-sharing schemes on public acceptance is positive. Also, two-way interaction analyses of profit-sharing schemes with perceived costs and perceived benefits highlighted that profit-sharing scheme enhance the positive effect of perceived benefits, while they mitigate the negative effect of perceived costs. Further, this thesis verified the influences of well-established factors on public acceptance in the context of the Korean offshore wind power projects.

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