Testing Choice Experiment for Benefit Transfer
Benefit transfer is a cost-effective method for estimating the value of environmental goods that relies on information obtained in previous studies. The multi-attribute approach of choice experiment should provide advantages in terms of benefit transfer allowing differences in environmental improvements between sites as well as differences in socio-economic and attitude characteristics between respondent populations. Furthermore, choice experiment allows the estimation of implicit prices and the welfare change for many scenarios. If the transferability of these values is confirmed, that would be good news for benefit transfer practitioners. This paper investigates the capability of choice experiment method to be used in environmental benefit transfer.
|Date of creation:||2005|
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