Benefit Transfer of Environmental and Resource Values: A Guide for Researchers and Practitioners (The Economics of Non-Market Goods and Resources, 14)

This book provides a comprehensive review of environmental benefit transfer methods, issues and challenges, covering topics relevant to researchers and practitioners. Early chapters provide accessible introductory materials suitable for non-economists. These chapters also detail how benefit transfer is used within the policy process. Later chapters cover more advanced topics suited to valuation researchers, graduate students, and those with similar knowledge of economic and statistical theory and methods. This book provides the most complete coverage of environmental benefit transfer methods available in a single location. The book targets a wide audience, including undergraduate and graduate students, practitioners in economics and other disciplines looking for a one-stop handbook covering benefit transfer topics, and those who wish to apply or evaluate benefit transfer methods. It is designed for those both with and without training in economics Front Matter....Pages i-xxiii Front Matter....Pages 1-1 Introduction: Benefit Transfer of Environmental and Resource Values....Pages 3-17 Introduction to Benefit Transfer Methods....Pages 19-59 The Use of Benefit Transfer in the United States....Pages 61-70 The Use and Development of Benefit Transfer in Europe....Pages 71-83 Applied Benefit Transfer: An Australian and New Zealand Policy Perspective....Pages 85-100 Benefit Transfer for Water Quality Regulatory Rulemaking in the United States....Pages 101-115 Front Matter....Pages 117-117 Benefit Transfers with the Contingent Valuation Method....Pages 119-140 Applying Benefit Transfer with Limited Data: Unit Value Transfers in Practice....Pages 141-162 Benefit Transfer Combining Revealed and Stated Preference Data....Pages 163-189 Benefit Transfer: Insights from Choice Experiments....Pages 191-208 Frontiers in Modeling Discrete Choice Experiments: A Benefit Transfer Perspective....Pages 209-236 Benefit Transfer for Ecosystem Service Valuation: An Introduction to Theory and Methods....Pages 237-273 Ecosystem Services Assessment and Benefit Transfer....Pages 275-305 Benefit Transfer Validity and Reliability....Pages 307-326 Front Matter....Pages 327-327 Meta-analysis: Statistical Methods....Pages 329-356 Meta-analysis: Rationale, Issues and Applications....Pages 357-381 Meta-analysis: Econometric Advances and New Perspectives Toward Data Synthesis and Robustness....Pages 383-418 Front Matter....Pages 419-419 Spatial and Geographical Aspects of Benefit Transfer....Pages 421-439 Reliability of Meta-analytic Benefit Transfers of International Value of Statistical Life Estimates: Tests and Illustrations....Pages 441-464 GIS-Based Mapping of Ecosystem Services: The Case of Coral Reefs....Pages 465-485 Front Matter....Pages 487-487 A Bayesian Model Averaging Approach to the Transfer of Subjective Well-Being Values of Air Quality....Pages 489-505 Optimal Scope and Bayesian Model Search in Benefit Transfer....Pages 507-523 Structural Benefit Transfer Using Bayesian Econometrics....Pages 525-549 Front Matter....Pages 551-551 Benefit Transfer: The Present State and Future Prospects....Pages 553-574 Back Matter....Pages 575-582