Choice experiments,site similarity and benefits transfer |
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Authors: | Robert J Johnston |
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Institution: | (1) Connecticut Sea Grant Office, University of Connecticut at Avery Point, 1080 Shennecossett Rd, Groton, CT 06340-6048, USA |
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Abstract: | Choice experiments are designed to account for variations in environmental resources and site characteristics, as well as
potential implications of these variations for willingness to pay. As a result, choice experiment results may be well suited
for benefits transfer. It is unclear, however, whether the flexibility of choice experiments renders the similarity of study
and transfer sites less critical for transfer validity. Drawing from identical choice experiments conducted in different Rhode
Island communities, this model assesses the extent to which error in function-based benefits transfer is related to the similarity
of communities across a variety of observable dimensions. Results suggest that site similarity, at least across some dimensions,
influences the validity of choice experiment benefits transfers. However, the use of some measures of similarity as indicators
of transfer error may provide misleading results. |
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Keywords: | Benefit transfer Choice experiment Willingness to pay Land use Choice modeling Equivalence test |
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