Choice Modelling and the Transfer of Environmental Values

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Benefit transfer is the practice of estimating economic values at a target site by utilising the results of existing studies for different sites. The focus of this book is one of assessing the validity and accuracy of benefit transfer using choice modelling in contrast to the traditional focus of transferring results from contingent valuation and travel cost models. The book includes a simple guide to using choice modelling results in a benefit transfer process, an overview of the theoretical issues involved and a number of case studies from Australia, the USA, New Zealand, the UK and Finland.