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3.5.6 Stated preferences: Benefit transfer

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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.


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