Glenk, Klaus; Martin-Ortega, Julia; Pulido-Velazquez, Manuel - In: Environmental & Resource Economics 60 (2015) 4, pp. 497-520
Typical convergent validity tests of benefit transfer based on stated preference data assume that willingness to pay (WTP) estimates have been accurately measured, and that differences in WTP arise from differences in observable and unobservable characteristics between the study and the policy...