On June 17, 2019, Ateneo de Manila University professor Rosalina Palanca-Tan delivered a research workshop at the university’s Graduate School Function Hall for the faculty members of Notre Dame of Marbel University, researchers, and a representative from the City Government of Koronadal.
Titled Contingent Valuation Method (CVM) Workshop, the participants learned about the survey method that would assign values on good, services, and amenities for non-market resources, such as environmental preservation, biodiversity, and health policies, among others.
Prof. Palanca-Tan facilitated activities and walked through the participants on the steps involved in CVM, including survey implementation, and data analysis.
The CVM Workshop is a sequel to the Research Workshop on Environmental Economics and Valuation on January 15, 2019, which introduced researchers to environmental economics research, particularly the valuation of the flow of benefits that can be derived from the natural resource or an entire ecosystem.
Prof. Palanca-Tan is the research consultant of the Commission on Higher Education-funded study “Estimating the Total Economic Value of the Lake Sebu Ecosystem in South Cotabato, Mindanao.”
The Research and Publication Center of the university spearheaded the capacity-building initiative aiming to enhance the research skills of the NDMU community.