Centre for the Study of Regional Development,
School of Social Sciences
Jawaharlal Nehru University, New Delhi
Invites you all to a seminar on
"Valuing individuals’ preferences for air quality improvement in South Delhi: Comparing contingent valuation and discrete choice experiment estimates
by
Mohammad Asif Khan **
(School of Business and Economics, University of the Basque Country, Spain)
Date : September 02, 2022 (Friday),
Time: 3:30 pm
Venue: Carto Lab, CSRD, SSS III (Ist Floor)
Abstract : Although the contingent valuation method (CVM) and discrete choice experiments (DCE) are both stated preference (SP) procedures with many similarities, there are differences in which respondents are presented with information and make their decisions. In order to empirically comprehend this issue, we apply both techniques to draw a conclusion from an empirical viewpoint. This was achieved by estimating distinct willingness to pay (WTP) derived from CVM and DCE, both of which were explicitly incorporated in the same stated preferences survey on air quality improvement in South Delhi, India. The results from this study found no significant difference between the WTP estimates obtained from the two SP methods. This study also creates a robust statistical valuation function capable of quantifying individuals’ preferences for air quality improvements, which can aid in the development of more effective health and environmental policies. This paper could provide further development in benefit transfer study in air quality valuation studies at other policy sites in India.
**Short Bio : Asif Khan is a final year PhD Candidate in Quantitative Finance and Economics (QFE) at the School of Business and Economics University of the Basque Country, Spain, specializing in non-market valuation of environmental services. His PhD thesis focuses on the Economic Evaluation of Air Pollution in India. He uses primary data to investigate individuals' willingness to pay for changes in nonmarket goods.
Recent Publication:
Mariel P., Khan M.A. and Meyerhoff, J. (2022). Valuing individuals' preferences for air quality improvement: Evidence from a discrete choice experiment in South Delhi. Economic Analysis and Policy, 74, 432–447. https://doi.org/10.1016/j.eap.2022.03.006