Assessing the Accuracy of Benefits Transfers: Evidence from a Multi-State Contigent Valuation Study of Groundwater Quality

Timothy P. VandenBerg, Gregory Poe and John R. Powell

No 127936, Working Papers from Cornell University, Department of Applied Economics and Management

Abstract: Using a multi-site valuation study of groundwater quality, this paper compares the accuracy of alternative methods of transferring values from study sites to policy sites. Transferring benefit functions is more accurate than transfers of average contingent values. Relative accuracy is highly dependent on how study sites are grouped.

Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Pages: 18
Date: 1995-02
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:cudawp:127936

DOI: 10.22004/ag.econ.127936

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