3.5.6 Stated preferences: Benefit transfer
Benefit transfer method estimates the economic values of ecosystem services using existing esti-mates from studies completed for another location or issue.
- The critical part of benefit transfer consists in adapting the value derived from existing studies to some other context.
- The strength of benefit transfer is that it is a cheaper and faster way to compute economic value, compared to an original site-specific valuation study.
- The weakness is that it relies upon the availability and the accuracy of previous studies on the same issue.
For more information see:
In French:www.insee.fr/fr/ffc/docs_ffc/es336d.pdf
In English:www.ecosystemvaluation.org/benefit_transfer.htm
