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The Welfare Cost of Beijing’s Lottery Policy—Evidence from a Contingent Valuation Survey

Is Beijing’s vehicle ownership lottery working? This working paper from an international team of scholars delves into the welfare costs of this novel system.

Working Paper (21-08) by Ping Qin, Yifei Quan, Antung A. Liu, Joshua Linn, and Jun Yang — 1 minute read — March 17, 2021

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Authors

Ping Qin

School of Applied Economics, Renmin University of China

Yifei Quan

School of Applied Economics, Renmin University of China

Antung A. Liu

O’Neill School of Public and Environment Affairs, Indiana University

Joshua Linn

Senior Fellow

Jun Yang

Beijing Jiaotong University and Beijing Transport Institute