Instructors: Dr. Mia Amalia, Dr. Martin Siyaranamual, Dr. Alin Halimatussadiah (EEI-Indonesia)

Brief Description of the Training:

Not all goods and services that generate welfare to human are traded in the marketplace. These includes ecosystem services, certain kind of public goods, or even a new invented product. In the absence of market prices, we need to use the variety of different tools to assess the value of those goods/services. Choice modeling is one of them. Choice modeling is a stated-preference technique (a combination of well-designed hypothetical experiments and survey methods) to elicit consumer’s willingness to pay for certain goods/services by analyzing how they respond to trade-off.

Learning Outcomes:

• Understand the benefit of CM in the context of benefit cost analysis
• Understand the microeconomic foundation of CM
• Understand the steps in implementing CM
• Ability to design survey and orthogonal design
• Ability to process and analyze result of CM surveys
• A short proposal of research using CM

Course Schedule:

DAY 1

07.30 – 08.00 | Registration

08.00 – 08.15 | Pre-Test

08.15 – 08.30 | Opening Remarks

08.30 – 10.30 | Overview of CBA + Microeconomic Foundation

10.30 – 11.00 | Coffee Break

11.00 – 12.00 | Steps on Choice Modelling I

12.00 – 13.00 | Lunch Break

13.00 – 14.15 | Steps on Choice Modelling II

14.15 – 14.30 | Quiz

14.30 – 16.00 | Group Discussion + Coffee Break

16.00 – 17.00 | Group Presentation

DAY 2

07.30 – 08.00 | Registration

08.00 – 09.30 | Survey and Orthogonal Design

09.30 – 10.00 | Coffee Break

10.00 – 12.00 | Survey Data Processing Technique

12.00 – 13.00 | Lunch Break

13.00 – 15.00 | Group Discussion + Coffee Break

15.00 – 16.00 | Group Presentation

16.00 – 16.30 | Post Test 16.30 -17.00 | Closing Remarks