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Is Meta-Analysis a Noah's Ark for Non-Market Valuation?

V. Smith () and Subhrendu Pattanayak ()
Authors registered in the RePEc Author Service: V. Kerry Smith and Vernon Smith

Environmental & Resource Economics, 2002, vol. 22, issue 1, 271-296

Abstract: This paper describes meta-analytical methods as they have been appliedto non-market valuation research. These studies have been used to reviewand synthesize literature and, more recently, in benefit transfer. Thissecond use imposes a higher standard on the consistency in economicconcepts being summarized and in the resources included in ameta-analysis. To meet this need, the paper proposes and illustrates astructural framework using a generalized method of moments estimator toestimate the parameters of a preference function with the benefitsestimates usually encountered in meta-analytic summaries. Copyright Kluwer Academic Publishers 2002

Keywords: benefit transfer; meta-analysis (search for similar items in EconPapers)
Date: 2002
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