How are Scope and Adding up Relevant for Benefits Transfer?
Catherine Kling () and
Daniel J. Phaneuf ()
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Daniel J. Phaneuf: University of Wisconsin-Madison
Environmental & Resource Economics, 2018, vol. 69, issue 3, 483-502
Abstract In this paper, we explore ways in which the theoretical constructs of scope and adding up can inform and improve the practice of benefit transfer. Specifically, we examine how the stated preference literature on scope and adding up can inform three critical steps in benefits transfer: study site selection, including studies to select for use in a meta-regression; calibrating benefit functions; and assessing transfer validity.
Keywords: Nonmarket valuation; Benefits transfer; Benefit-cost analysis (search for similar items in EconPapers)
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