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DOI | 10.1016/j.enpol.2020.111598 |
Are Pakistani homebuyers ready to adopt sustainable housing? An insight into their willingness to pay | |
Khan R.A.J.; Thaheem M.J.; Ali T.H. | |
发表日期 | 2020 |
ISSN | 03014215 |
卷号 | 143 |
英文摘要 | The supply side of sustainable housing needs to be complemented with, driven by, and shaped around a willing and committed demand site. This study examines the sustainable housing sector of Pakistan by describing the potential buyers’ profile and quantifying their willingness to pay (WTP) for sustainable housing uptake in the market. WTP is estimated through a survey of 354 potential homebuyers. Furthermore, the hierarchical Bayesian model of adaptive choice-based conjoint analysis is utilized to study the correlation of descriptive determinants on WTP for sustainable housing. The results suggest that demographical factors of age, gender, and literacy level positively correlate with WTP whereas environmental knowledge and income level negatively correlate with WTP. Also, energy saving has the highest relative importance among other housing attributes. The study contributes a vital empirical input to the literature by finding the potential sustainable homebuyers in Pakistan and their characteristics and proposes several policy guidelines to promote the uptake of the sustainable housing sector in the country. © 2020 Elsevier Ltd |
关键词 | Adaptive choice-based conjoint methodEarly adoptersSustainable housingWillingness to pay |
英文关键词 | Bayesian networks; Energy conservation; Housing; Choice-based conjoint; Environmental knowledge; Hierarchical Bayesian modeling; Housing attributes; Income levels; Potential buyers; Sustainable housing; Willingness to pay; Sustainable development; adoption behavior; housing conditions; housing finance; housing market; sustainable development; willingness to pay; Pakistan |
语种 | 英语 |
来源期刊 | Energy Policy
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文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/204720 |
作者单位 | Dept. of Construction Engineering & Management, School of Civil and Environmental Engineering, National University of Sciences and Technology (NUST), NIT-SCEE, H-12, Islamabad, 44000, Pakistan; School of Architecture and Built Environment, Faculty of Science Engineering & Built Environment, Deakin University, Geelong Waterfront Campus, Locked Bag 20001, Geelong, VIC 3220, Australia; Dept. of Civil Engineering, Mehran University of Engineering and Technology, Office of Pro-Vice Chancellor, Mehran University of Engineering and Technology, Jamshoro, Sindh 76062, Pakistan |
推荐引用方式 GB/T 7714 | Khan R.A.J.,Thaheem M.J.,Ali T.H.. Are Pakistani homebuyers ready to adopt sustainable housing? An insight into their willingness to pay[J],2020,143. |
APA | Khan R.A.J.,Thaheem M.J.,&Ali T.H..(2020).Are Pakistani homebuyers ready to adopt sustainable housing? An insight into their willingness to pay.Energy Policy,143. |
MLA | Khan R.A.J.,et al."Are Pakistani homebuyers ready to adopt sustainable housing? An insight into their willingness to pay".Energy Policy 143(2020). |
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