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Welcome to Chris Bennett's and Lis Pedersen's web site. If you are looking for information Chris' current work on affordable housing, please visit www.mygbhousing.info. The video below tells the background to Chris' project.


2011 - India - Benefit-Cost Analysis with Local Residents’ Stated Preference Information: A Study of Non-Motorized Transport Investments in Pune, India


2011 - India - Benefit-Cost Analysis with Local Residents’ Stated Preference Information: A Study of Non-Motorized Transport Investments in Pune, India

One of the major difficulties in doing benefit-cost analyses of a development project is to estimate a total economic value of the project benefits, which are usually multi-dimensional and include goods and services that are not traded in the market, and challenges also arise in aggregating the values of different benefits, which may not be mutually exclusive. This paper presents an analysis of a non-motorized transport project in Pune, India, which uses the contingent valuation method to estimate the total value of the project benefits across beneficiaries. A sample of the project beneficiaries are presented with a detailed description of the project and then are asked to vote on whether such a project should be undertaken given different specifications of costs to their households. A function of willingness-to-pay for the project is then derived from the survey answers and the key determinants are found to include household income, distance to the project streets, current use of the transportation modes, future use of the project streets, predicted impacts of the project, and level of trust in the government. The total willingness-to-pay of the local residents is found to be smaller than the total cost of an initial design of the project. Heteroskedasticity is also found to present in the willingness-to-pay models.

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Created Date: 23-10-2023
Last Updated Date: 25-07-2024


Chris in the NCT Race 

Chris has an adventurous spirit which generally involves cycling, running, or just being out there having a good time. Read his 'Race Reports' below. This is a link to his SPOT GPS tracker. If you are interested in his 'geeky' sport technical blog it is at www.tri-duffer.com. He also has stories of his life as 'An Overtravelled Engineer Working for the World Bank' at World Bank Traveller.


Race Reports


Document Library


  • Chris' published papers and reports are here.
  • His Technical Library  has a range of reports 
  • Golden Bay community projects are here.
  • The history of the ROMDAS company is here.
  • The 'Road to Good Health' HIV/AIDs Toolkit is here.


Technical Library

Chris and Lis

Chris and Lis

We are Lis Pedersen and Chris Bennett. We’ve been married over 30 years and each found our way to New Zealand in the early 1980s from Denmark and Canada respectively. Golden Bay has been our happy place for almost 20 years and we are now based in Pohara just above the beach, with our two cats Coco and Max. 




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