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Benefit transfer entails using estimates of non-market values derived at one site as approximations to benefits at other sites. The method finds favour because it can be applied quickly and cheaply, however the validity of benefit transfer is frequently questioned. Published studies generally...
Persistent link: https://www.econbiz.de/10009443697
Benefit transfer entails using estimates of non-market values derived at one site as approximations to benefits at other sites. The method finds favour because it can be applied quickly and cheaply, however the validity of benefit transfer is frequently questioned. Published studies generally...
Persistent link: https://www.econbiz.de/10008802869
Values for non-market goods can be expected to be sensitive to variations in the cultural contexts of beneficiaries. However, little progress has been made to date in adapting benefit transfer procedures for cultural variations. Using information from a study that ranked 62 societies with...
Persistent link: https://www.econbiz.de/10010910118
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...
Persistent link: https://www.econbiz.de/10010911563
Stated preference scenarios often provide information on intermediate biophysical processes but omit information on the resulting final services that provide utility. This may cause respondents to speculate about the effects of intermediate outcomes on their welfare, leading to biased welfare...
Persistent link: https://www.econbiz.de/10011142629
Policy makers are often interested in transferring non-market estimates of environmental values from a ‘source’ study to predict economic values at a ‘target’ site. While most applications of the benefit transfer process involve an opportunistic search for suitable source studies, there...
Persistent link: https://www.econbiz.de/10009398719
The focus of this report is to test if protection values at a particular GBR site may be easily transferred to other case studies of interest in the region. The research involved valuing three local case studies in the GBR and testing how values were consistent across site and population...
Persistent link: https://www.econbiz.de/10008693296
An imbalance of quantitative information on pest and disease impacts hampers biosecurity decision-making; there is relatively good information about impacts on industry, but relatively poor information about how society values the impacts on indigenous biodiversity. A benefits transfer process...
Persistent link: https://www.econbiz.de/10005807491
This study has examined the transferability of consumer's surplus estimates (fixed value transfer) and transferability of benefit functions from the Southern Appalachian Mountain ecoregion to a local site within the ecoregional level. Given data used in this study, it is found that...
Persistent link: https://www.econbiz.de/10005493756
Assessing the value of ecosystem services in a particular area helps provide information about the economic benefits these services provide to the community. In many situations, to avoid the full cost of primary data collection, value estimates may be applied from secondary sources in a process...
Persistent link: https://www.econbiz.de/10011070407