Benefit transfer
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In the economics field of non-market valuation, benefit transfer is the extrapolation of original valuation information from one site to another. Benefit transfer is necessary because collecting site-specific valuation data at all locations at which policy decisions must be made is often prohibitively expensive.
[edit] References
- Champ, P. A., K. J. Boyle, and T. C. Brown, eds. 2003. A primer on nonmarket valuation. The economics of non-market goods and resources, Volume 3. Kluwer, Boston.
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