Modelling Alternative Payment Modes in Choice Experiments

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Stated preference studies in developing countries usually adopt both monetary and non-monetary payment modes to elicit preferences for non-market goods and services. In this presentation, I plan to discuss a choice experiment on the purchase of flood insurance with three alternative payment modes among irrigation farmers in Ghana. The results together with the policy implications will be discussed. In addition, I will present an integrated modelling of these alternative payment modes in choice experiment, and test relative uncertainties among these alternative payment modes. I will discuss the results and the implications of these results for conduct of stated preferences and the use of resulting welfare measures

PRESENTER: Dr Godwin Kofi Vondolia, Researcher, Norwegian College of Fishery Science, UiT – The Arctic University of Norway; Member of AFAERE; Research Fellow, Environment for Development (EfD)

ZOOM MEETING LINK: https://gu-se.zoom.us/j/63270761941

TIME: 5 November 2020, 14h00 GMT

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