Dr Riccardo Scarpa hosts a workshop on non-market valuation on Wednesday, 12 December from 1pm-4.30pm.
Non-market valuation is increasingly based on the statistical analysis of discrete choices. Both contingent valuation and choice modeling use this type of statistical analysis grounded in random utility theory. In the last decade much progress has been made in this field due to the advent of new estimators and fast processors that have made the use of these models practical.
The workshop will provide an overview of the techniques used and is based on worked examples in which participants can learn data requirement, data arrangement, basic to more complex model specifications and output interpretation, with a particular emphasis in the derivation of willingness to pay measures. It also includes an illustration of the principles for experimental design for both contingent valuation and choice modeling.
The workshop will be given by Dr Riccardo Scarpa, Professor in Environmental Economics at the Economics Department of the Waikato Management School, University of Waikato, Hamilton, New Zealand.
Dr Scarpa is an applied economist and an internationally recognised expert in non-market valuation, including with regard to the use of choice experiments. He has a PhD in Forest Economics from the University of Wisconsin-Madison, USA.
This free workshop takes place in the SER meeting room (room 32, level 1, building 31). In order to ensure adequate seating availability, please confirm participation by COB 11 December to Kirsty Mines, phone 8946 7724.