Baskaran, Ramesh; Cullen, Ross; Colombo, Sergio - In: Review of Applied Economics 06 (2010) 1-2
Benefit transfer (BT) is a pragmatic way of estimating values by transferring values from existing valuation studies to a target area of interest. BT using choice modeling (CM) is a potentially cost-effective method for valuing differences in improvements in environmental quality. After taking...