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DOI10.1016/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
ISSN03014215
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
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
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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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