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Biblioteca AN EMPIRICAL ASSESSMENT OF CONVERGENT VALIDITY OF BENEFIT TRANSFER IN CONTINGENT CHOICE: INTRODUCTORY APPLICATIONS WITH NEW CRITERIA

AN EMPIRICAL ASSESSMENT OF CONVERGENT VALIDITY OF BENEFIT TRANSFER IN CONTINGENT CHOICE: INTRODUCTORY APPLICATIONS WITH NEW CRITERIA

AN EMPIRICAL ASSESSMENT OF CONVERGENT VALIDITY OF BENEFIT TRANSFER IN CONTINGENT CHOICE: INTRODUCTORY APPLICATIONS WITH NEW CRITERIA

Resource information

Date of publication
Diciembre 2004
Resource Language
ISBN / Resource ID
AGRIS:US2012204088

Benefit transfer has been an important, practical policy tool appealing to government agencies, especially when time or budget is constrained. However, the existing literature fails to support convergent validity of benefit transfer using the stated-preference method. This empirical study examines the convergent validity of benefit transfer using the choice modeling method, a potentially promising technique compatible with the heterogeneity of the transfer contexts. Based on a survey designed for Rhode Island (RI) and modified only slightly for Massachusetts (MA), regarding coastal land management, four convergent validity tests were conducted on the benefit transfer from RI to MA. Although results fail to support convergent validity in all aspects, the empirical tests show benefit transfer using the choice modeling method maybe acceptable, and even empirically reliable depending on the policy objectives and the context.

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Authors and Publishers

Author(s), editor(s), contributor(s)

Jiang, Yong
Swallow, Stephen K.
McGonagle, Michael P.

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