By Ståle Navrud, Richard Ready
The move of environmental values in time and area has elevated speedily with the frequent use of rate profit research in undertaking overview and regulatory checks over the past 3 many years. the aim of this quantity is to take a image of the examine that's ongoing within the quarter of price move (benefit transfer). It comprises papers by way of one of the most influential authors within the sector, and covers the newest advancements within the box. it will likely be precious for teachers undertaking study during this quarter and for practitioners in govt companies and ministries, in addition to consulting organizations.
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Extra resources for Environmental Value Transfer: Issues and Methods
Even though there are important cultural differences between the United States and the Rest of the World (investigating these factors was beyond the scope of the present study), the performance of the meta-analysis function was quite high for international transfers. 38 R. ROSENBERGER AND T. 2. 1. Site correspondence effects Several of the studies listed in Table 1 support the hypothesis that the greater the correspondence, or similarity, between the study site and the policy site, the smaller the expected error in benefit transfers.
Edward Elgar, Cheltenham, UK (1998). Draper D, Gaver DP Jr, Goel PK, Greenhouse JB, Hedges LV, Morris CN, Tucker JR, Waternux CM (1992) Combining Information: Statistical Issues and Opportunities for Research. National Academy Press, Washington, DC. (1992). Morgenstern O (1973) On the Accuracy of Economic Observations. 2nd edn Princeton University Press, Princeton, NJ. (1973). ” Water Resources Research 28(3): 541–564 (1992). Tiemann Mary (2000) RS20672: Arsenic in Drinking Water: Recent Regulatory Developments and Issues, Congressional Research Report, September 14, 2000.
All models were specified as described above. The results, provided in Table 1, show that benefit function transfers provided more accurate 29 BENEFIT TRANSFER ACCURACY measures than value transfers. Benefit function transfers resulted in lower percent errors (mean = 6% median = 5%) than value transfers mean = 20% median = 20% 70% of the time. Parsons and Kealy (1994): The goal of this study was to test the convergent validity of value transfers vs. function transfers. Parsons and Kealy developed random utility travel cost models for lake recreation in Wisconsin.
Environmental Value Transfer: Issues and Methods by Ståle Navrud, Richard Ready