CHIRADIP CHATTERJEE Curriculum Vitae (October 2014) Contact: Visiting Assistant Professor Department of Economics and Geography Coggin College of Business University of North Florida 1 UNF Drive, Jacksonville, FL 32224 Office: Building 42, Room 3405 Phone: (904) 620-5354 Mobile: (305) 815-2017 Email: [email protected] [email protected] Website: http://www.unf.edu/~n00926225/ EDUCATION Florida International University, Miami, FL, USA Ph.D. in Economics Dissertation: “Four Essays of Environmental Risk Mitigation” Committee: Pallab Mozumder (Major Professor), Mahadev G. Bhat, Prasad Bidarkota, Jesse Bull, Kai Huang Florida International University, Miami, FL, USA M.A. in Economics University of Calcutta, Kolkata, West Bengal, India M.Sc. in Economics Area of Specialization: Econometrics University of Calcutta, Kolkata, West Bengal, India B.Sc. in Economics 2013 2009 2005 2003 Minor: Mathematics and Political Science AWARDS Graduate Teaching Assistantship, Florida International University TEACHING EXPERIENCE University of North Florida, Jacksonville, FL, USA Instructor Business and Economic Statistics (ECO 3411) International Trade (ECO 3704) Game Theory (ECO 4933) Principles of Microeconomics (ECO 2023) Florida International University, Miami, FL, USA Instructor Introduction to Environmental Economics (ECP 3302) – Online Intermediate Macroeconomics (ECO 3203) Applied Macroeconomics (ECO 3202) Principles of Macroeconomics (ECO 2013) Principles of Microeconomics (ECO 2023) 1 08.2007 – 08.2013 Florida International University, Miami, FL, USA Teaching Assistant Introduction to Environmental Economics (ECP 3302) Money and Banking (ECO 3223) Development Economics I (ECS 4011) Comparative Economics Systems (ECS 3003) Fundamentals of Graduate Microeconomics (ECO 6112) Econometrics (ECO 4421) CURRENT POSITIONS/EMPLOYMENTS University of North Florida, Jacksonville, FL, USA Visiting Assistant Professor, Economics Research and teaching activities. PREVIOUS EMPLOYMENTS Florida International University, Miami, FL, USA Adjunct Professor, Economics Develop syllabus and overall course structure, and administer all grades. Water and Sewer Department, Miami-Dade County, Miami, FL, USA Student Intern Analyze water consumption data. Florida International University, Miami, FL, USA Graduate Teaching Assistant Developed undergraduate course curricular, taught classes and graded exams as an independent Instructor or a Teaching Assistant. Kharar Municipality, Kharar, Paschim Medinipur, West Bengal, India Urban Planner Developed a comprehensive Draft Development Plan including proposals for funding, which considered all the settlements, the rehabilitation and service needs of the municipality. Roy’s Institute of Competitive Exams, Kolkata, West Bengal, India Economics Faculty Prepared materials to explain contemporary economic affairs and taught basic economic concepts. RESEARCH FIELDS Primary Field: Microeconomics Secondary Fields: Environmental Economics, Experimental and Behavioral Economics 2 08.2013 – 12.2013 04.2013 – 12.2013 08.2007 – 08.2013 12.2006 - 08.2007 08.2006 - 11.2006 PEER-REVIEWED JOURNAL PUBLICATIONS 1. Chatterjee, Chiradip, and Pallab Mozumder. 2014. “Understanding Household Preferences For Hurricane Risk Mitigation Information: Evidence From Survey Responses”, Risk Analysis, Vol. 34, No. 6. Abstract Risk information is critical to adopting mitigation measures, and seeking risk information is influenced by a variety of factors. An essential component of recently adopted My Safe Florida Home (MSFH) program by the State of Florida is to provide homeowners with pertinent risk information to facilitate hurricane risk mitigation activities. We develop an analytical framework to understand household preferences for hurricane risk mitigation information through allowing an intensive home inspection. An empirical analysis is used to identify major drivers of household preferences to receive personalized information regarding recommended hurricane risk mitigation measures. A variety of empirical specifications show that households with home insurance, prior experience with damages, and with a higher sense of vulnerability to be affected by hurricane are more likely to allow inspection to seek information. However, households with more members living in the home and households who live in manufactured/mobile homes are less likely to allow inspection. While findings imply MSFH program’s ability to link incentives offered by private and public agencies in promoting mitigation, households that face a disproportionately higher level of risk can get priority to make the program more effective. UNDER JOURNAL REVIEW 1. “Emission Tax, Health Insurance and Crowding out of Energy Conservation Behavior: An Experiment” (With P. Mozumder) Abstract A major share of domestic energy demand is met from conventional fossil fuel based sources, such as coal. Combustion of fossil fuels in production of energy causes emission of greenhouse gases and particle pollution, which leads to health hazards. As people are becoming increasingly concerned about these hazardous impacts, they may choose to reduce their energy consumption with energy saving installations. In this paper we present a decision-making experiment to understand motivation for energy saving choices in a diverse set of policy contexts. The experimental design includes multiple sets of decision-making choices differentiated with options to purchase health insurance. Altogether 64 subjects took part in 8 decision-making sessions. Every session consists of 3 sections and each section includes 30 rounds. In every round, subjects make a choice whether to spend on energy saving installations to decrease their household energy bill and emission related health risks. While each subject in the first and third section pays a lump sum emission tax, the emission tax is proportional to the total energy bill in the second section. Subjects make energy saving choices both with and without the option to purchase health insurance. The data collected in this experiment, allows us to see the effectiveness of a public policy intervention to increase energy efficiency. The empirical analysis suggests that energy savings increase when emission tax is proportional to total energy consumption. However, energy savings seem to be crowded out when subjects have the option to buy health insurance to cover pollution related health risks. 2. “Hurricane Wilma, Utility Disruption, and Household Wellbeing” (With P. Mozumder) Abstract Hurricane Wilma (October 24, 2005) set a distinctive trend of social vulnerability as it caused the largest disruption of electrical service ever experienced in Florida. Over 6 million residents in South Florida were without electricity after its landfall. According to media reports, 98 percent of the area lost power. Disruption of water supply also was a major issue and people lived for days without access to power and potable water. In the wake of hurricane Wilma, researchers at the International Hurricane Research Center in Miami conducted a household-level phone survey. Respondents were randomly selected from a list of registered voters in three South Florida counties (Miami-Dade, Broward, and Palm Beach). Respondents were asked to document pre-hurricane preparation efforts and posthurricane impacts. Also included was a diverse set of socio-economic questions regarding utility 3 disruption and whether the household evacuated to a shelter. Survey respondents identified living without electricity and water as a major issue. Using Random Utility Model (RUM), we evaluate the impact of utility disruption on household well being based on the survey data. Findings highlight the need for significant investment to enhance the capacity of rapid utility restoration after a hurricane event in the context of South Florida. WORKING PAPERS 1. “Pollution Tax, Health Insurance, and Information: Policy Treatment to Reduce Energy Consumption” (With P. Mozumder) Abstract A major share of domestic energy demand is met from conventional fossil fuel based sources. To meet this demand, combustion of fossil fuels in producing energy causes emissions and health hazards. As people are becoming increasingly concerned about these impacts, they may choose to reduce their energy consumption with energy-efficient investment choices. This paper presents a decision-making experiment to understand subjects' preferences for energy efficiency in a diverse set of policy contexts. The set-up includes multiple suits of decision-making experiments differentiated with options to purchase health insurance and to monitor investment choices made by others in the group. Altogether 128 subjects have participated in 16 experimental sessions. Every session is made of 3 sections and each section has 30 rounds in which subjects decide whether to invest in reducing energy consumption and lowering emission related health risks. While participants pay a lump sum pollution tax individually in every round in the first and third section, the pollution tax is proportional to the group expenditure on energy consumption in the second section. The data collected through this experimental set-up allows us to compare the effectiveness of different policy instruments. For instance, the empirical analysis suggests that subjects tend to invest more for energy efficiency when pollution tax is proportional to group expenditure on energy consumption. However, investments in energy efficiency seem to be crowded out when subjects have the option to buy health insurance to cover pollution related health risks. 2. “Adoption of Green Technology: The Diffusion And Learning Process Of The Consumers” (With P. Mozumder) Abstract Quite often, environmental benefit is implicit in nature, such as use of environment friendly technology in production. As producers switch their production technology to reduce adverse environmental impacts, it makes the relevant merchandise costlier. However, the product improves in their environmental attributes. Although willingness to pay may increase with environmental quality, buyers often fail to recognize the environmental benefits. Against this backdrop, we have designed a model using the Markov time probability distribution to explain how to make the consumers understand potential gain from adoption of green technologies. In the presence of preference for environmental benefits, the model numerically illustrates how consumers transition for green products and pay for adoption of green technologies. This study gives an interesting perspective in adoption of green technologies driven by market demand. 3. “Paradox Of Information Overload: Evidence From Survey Responses On Compact Fluorescent Light Bulb” (With P. Mozumder, and E.H. Guleryuz) Abstract This paper proposes a decision-making field experiment to understand how people respond to private and public benefit of energy saving. We conduct a survey in which respondents report their sociodemographic characteristics, expenditure on electricity, monthly spending on light bulb and their experience using compact fluorescent light bulbs (CFL). Respondents are then informed about the projected benefit of CFL over incandescent bulbs in terms of energy saving and/or reduction in emission of greenhouse gases, or both. We then ask the respondents to make two choices. First, we ask them if they would like to replace their present incandescent bulbs with CFL. Second, given an option to receive a payment, we ask them whether they would like to receive $10 in cash or a box of two CFL 4 of $13.50 trade-in value. Using a contingent valuation model the empirical analysis allows us to examine how respondents’ preferences change with different sets of information. The estimation results suggest that the probability of choosing the two-pack CFL increases when the respondents receive either the energy saving information or the emission information, but decreases when respondents receive them both. 4. “Promoting Mitigation Behavior: A Policy Experiment With Hurricane Simulation For Temporary And Permanent Residents” (With S. Meng, and P. Mozumder) Abstract The objective of this study is to discuss effectiveness of a dynamic incentive strategy on total hurricane mitigation investment of localities in the context of preparing for low probability and high consequence disaster events like hurricanes. Policy makers are continuously interested to know what type of incentive schemes produce optimal mitigation measures of homeowners. The proposed treatments to hurricane insurance are intended to plan effective policy designs to encourage hurricane risk mitigation and disaster preparedness. This study focuses on how community participation certificate can help promoting hurricane mitigation choices. 5. “An Investigation About The Preferences For Safe And Odor Free Drinking Water In Jacksonville, FL” (With S. Banerjee, and P. Ahmed) Abstract The objective of this study is to investigate preferences for quality drinking water among residents in Jacksonville, Florida in general and UNF campus in particular. The findings from this study will provide useful information about the extent to which residents may be willing to spend additional dollars, via taxes or fees, to improve drinking water quality in Jacksonville. The purpose of this study can be explained in four folds: 1) Investigate resident preferences in the form of willingness to pay (WTP) for improved water services in the city of Jacksonville; 2) Revisit the role of Jacksonville Electric Authority (JEA), the seventh largest community-owned utility company in the United States, as the primary supplier of drinking water to residents of Jacksonville; 3) Address the knowledge gap that exists between demand side (the households), and the supply side (JEA) in the market for tap (drinking) water; and 4). Explore issues surrounding the sustainability of plastic water bottle usage as a substitute for quality drinking water. The short-term objective of this study is to examine the WTP incentive for safe drinking water in the city of Jacksonville. However, we anticipate broadening the scope of this study to national and regional levels with an aim towards better understanding the development of a sustainable drinking water system that produces quality drinking water in the long run, while being economical and environmentally friendly. CONFERENCE AND SEMINAR PRESENTATIONS 1. Chatterjee, Chiradip. and Mozumder, Pallab. Emission Tax, Health Insurance and Crowding out of Energy Conservation Behavior: An Experiment. North American meetings of the Economic Science Association, Ft. Lauderdale, FL. 2. Chatterjee, Chiradip. and Mozumder, Pallab. Pollution Tax, Health Insurance, and Information: A Policy Experiment for Promoting Energy Efficiency. International Business Research Conference, 14th Annual Conference, Jacksonville, FL. 3. Chatterjee, Chiradip. and Mozumder, Pallab. Pollution Tax, Health Insurance, and Information: A Policy Experiment for Promoting Energy Efficiency. Western Economic Association, 88th Annual Conference, Seattle, WA. 4. Chatterjee, Chiradip. and Mozumder, Pallab. Adoption of Green Technology: The Diffusion And Learning Process Of The Consumers. Western Economic Association, 88th Annual Conference, Seattle, WA. 5. Chatterjee, Chiradip. and Mozumder, Pallab. Adoption of Green Technology: The Diffusion And Learning Process Of The Consumers. Southern Economic 5 10.18.2014 02.23.2014 07/02/2013 06.29.2013 11.18.2012 6. 7. Association, 82nd Annual Meeting, New Orleans, LA. Chatterjee, Chiradip. and Mozumder, Pallab. Pollution Tax, Health Insurance and Information: A Policy Experiment for Promoting Energy Efficiency. Seminar Series of Florida International University, Miami, FL. Chatterjee, Chiradip. and Mozumder, Pallab. Hurricane Wilma, Utility Disruption, and Household Wellbeing. Eastern Economic Association, 38th Annual Conference, Boston, MA. REVIEWER OF MANUSCRIPTS IN JOURNAL Coastal Management Journal International Journal of Environment and Sustainable Development ANALYTICAL AND RESEARCH TOOLS Data analysis: Very good knowledge of MINITAB, STATA, and SPSS Survey Design and Choice Experiment: Very good knowledge of Z-Tree Numerical Analysis: Very good knowledge of MATLAB Mapping: Beginner knowledge of GIS Writing: Very good knowledge of Microsoft Office, LATEX, and LYX LANGUAGES English – speak fluently and read/write with high proficiency Bengali – native language Hindi – speak, read, and write with basic competence PERSONAL INFORMATION Date of Birth: 29th March, 1982 Citizenship: Indian Gender: Male Marital Status: Married Home Address: 11990 Beach Boulevard, Apartment 294 Jacksonville, FL 32246 MEMBERSHIPS American Economic Association Eastern Economic Association Southern Economic Association Western Economic Association Economic Science Association REFERENCES Pallab Mozumder Associate Professor Department of Earth & Environment, and Department of Economics Florida International University Office: MARC 365 Phone: (305) 348-7146 Email: [email protected] Mahadev G. Bhat Associate Professor Natural Resource Economics Earth and Environment (Associate Chair), and Department of Economics Florida International University Office: ECS 346 Phone: (305) 348-1210 Email: [email protected] 6 11.09.2012 03.10.2012 Jesse Bull Associate Professor and Graduate Director Department of Economics Florida International University Office: DM 321 Phone: (305) 348-3893 Email: [email protected] Prasad Bidarkota Associate Professor Department of Economics Florida International University Office: DM 320A Phone: (305) 348-6362 Email: [email protected] 7
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