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Testing for benefit transfer over water quality benefits

Alvarez Farizo, B. and Hanley, N. and Wright, R.E. (2006) Testing for benefit transfer over water quality benefits. In: Choice Modelling and the Transfer of Environmental Values. Edward Elgar, pp. 97-112. ISBN 1843766841

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Abstract

Benefit transfer is the practice of estimating economic values at a target site by utilizing the results of existing studies for different sites. It is commonly used to estimate values for changes in environmental conditions where time and cost factors constrain the direct application of non-market valuation techniques at the target site. This chapter focuses on testing for benefit transfer over water quality benefits.