Making benefit transfers work: deriving and testing principles for value transfers for similar and dissimilar sites using a case study of the non-market benefits of water quality improvements across Europe

Research output: Contribution to journalJournal articlepeer-review

Standard

Making benefit transfers work : deriving and testing principles for value transfers for similar and dissimilar sites using a case study of the non-market benefits of water quality improvements across Europe. / Bateman, I. J. ; Brouwer, R. ; Ferrini, S.; Schaafsma, M.; Barton, D.N.; Dubgaard, Alex; Hasler, Berit; Hime, S.; Liekens , I. ; Navrud, S.; Nocker, L. De; Sceponaviciute, R.; Semeniene, D.

In: Environmental and Resource Economics, Vol. 50, No. 3, 2011, p. 365-387.

Research output: Contribution to journalJournal articlepeer-review

Harvard

Bateman, IJ, Brouwer, R, Ferrini, S, Schaafsma, M, Barton, DN, Dubgaard, A, Hasler, B, Hime, S, Liekens , I, Navrud, S, Nocker, LD, Sceponaviciute, R & Semeniene, D 2011, 'Making benefit transfers work: deriving and testing principles for value transfers for similar and dissimilar sites using a case study of the non-market benefits of water quality improvements across Europe', Environmental and Resource Economics, vol. 50, no. 3, pp. 365-387. https://doi.org/10.1007/s10640-011-9476-8

APA

Bateman, I. J., Brouwer, R., Ferrini, S., Schaafsma, M., Barton, D. N., Dubgaard, A., Hasler, B., Hime, S., Liekens , I., Navrud, S., Nocker, L. D., Sceponaviciute, R., & Semeniene, D. (2011). Making benefit transfers work: deriving and testing principles for value transfers for similar and dissimilar sites using a case study of the non-market benefits of water quality improvements across Europe. Environmental and Resource Economics, 50(3), 365-387. https://doi.org/10.1007/s10640-011-9476-8

Vancouver

Bateman IJ, Brouwer R, Ferrini S, Schaafsma M, Barton DN, Dubgaard A et al. Making benefit transfers work: deriving and testing principles for value transfers for similar and dissimilar sites using a case study of the non-market benefits of water quality improvements across Europe. Environmental and Resource Economics. 2011;50(3):365-387. https://doi.org/10.1007/s10640-011-9476-8

Author

Bateman, I. J. ; Brouwer, R. ; Ferrini, S. ; Schaafsma, M. ; Barton, D.N. ; Dubgaard, Alex ; Hasler, Berit ; Hime, S. ; Liekens , I. ; Navrud, S. ; Nocker, L. De ; Sceponaviciute, R. ; Semeniene, D. / Making benefit transfers work : deriving and testing principles for value transfers for similar and dissimilar sites using a case study of the non-market benefits of water quality improvements across Europe. In: Environmental and Resource Economics. 2011 ; Vol. 50, No. 3. pp. 365-387.

Bibtex

@article{f03f808137c948bbb5932b9706bc98a3,
title = "Making benefit transfers work: deriving and testing principles for value transfers for similar and dissimilar sites using a case study of the non-market benefits of water quality improvements across Europe",
abstract = "We develop and test guidance principles for benefits transfers. These argue that when transferring across relatively similar sites, simple mean value transfers are to be preferred but that when sites are relatively dissimilar then value function transfers will yield lower errors. The paper also provides guidance on the appropriate specification of transferable value functions arguing that these should be developed from theoretical rather than ad-hoc statistical principles. These principles are tested via a common format valuation study of water quality improvements across five countries. Results support our various hypotheses providing a set of principles for future transfer studies. The application also considers new ways of incorporating distance decay, substitution and framing effects within transfers and presents a novel water quality ladder. ",
author = "Bateman, {I. J.} and R. Brouwer and S. Ferrini and M. Schaafsma and D.N. Barton and Alex Dubgaard and Berit Hasler and S. Hime and I. Liekens and S. Navrud and Nocker, {L. De} and R. Sceponaviciute and D. Semeniene",
year = "2011",
doi = "10.1007/s10640-011-9476-8",
language = "English",
volume = "50",
pages = "365--387",
journal = "Environmental and Resource Economics",
issn = "0924-6460",
publisher = "Springer",
number = "3",

}

RIS

TY - JOUR

T1 - Making benefit transfers work

T2 - deriving and testing principles for value transfers for similar and dissimilar sites using a case study of the non-market benefits of water quality improvements across Europe

AU - Bateman, I. J.

AU - Brouwer, R.

AU - Ferrini, S.

AU - Schaafsma, M.

AU - Barton, D.N.

AU - Dubgaard, Alex

AU - Hasler, Berit

AU - Hime, S.

AU - Liekens , I.

AU - Navrud, S.

AU - Nocker, L. De

AU - Sceponaviciute, R.

AU - Semeniene, D.

PY - 2011

Y1 - 2011

N2 - We develop and test guidance principles for benefits transfers. These argue that when transferring across relatively similar sites, simple mean value transfers are to be preferred but that when sites are relatively dissimilar then value function transfers will yield lower errors. The paper also provides guidance on the appropriate specification of transferable value functions arguing that these should be developed from theoretical rather than ad-hoc statistical principles. These principles are tested via a common format valuation study of water quality improvements across five countries. Results support our various hypotheses providing a set of principles for future transfer studies. The application also considers new ways of incorporating distance decay, substitution and framing effects within transfers and presents a novel water quality ladder.

AB - We develop and test guidance principles for benefits transfers. These argue that when transferring across relatively similar sites, simple mean value transfers are to be preferred but that when sites are relatively dissimilar then value function transfers will yield lower errors. The paper also provides guidance on the appropriate specification of transferable value functions arguing that these should be developed from theoretical rather than ad-hoc statistical principles. These principles are tested via a common format valuation study of water quality improvements across five countries. Results support our various hypotheses providing a set of principles for future transfer studies. The application also considers new ways of incorporating distance decay, substitution and framing effects within transfers and presents a novel water quality ladder.

U2 - 10.1007/s10640-011-9476-8

DO - 10.1007/s10640-011-9476-8

M3 - Journal article

VL - 50

SP - 365

EP - 387

JO - Environmental and Resource Economics

JF - Environmental and Resource Economics

SN - 0924-6460

IS - 3

ER -

ID: 34362068