ABSTRACT

This chapter covers four additional topics that do not fit easily into any of the previous chapters. The first is the use of values borrowed from studies of values in other settings to estimate the value of the environmental change of interest. This practice has come to be known as “benefits transfer.” The second is the use of data from both revealed preference and stated preference analyses to estimate a single valuation model. The third is the estimation of the values of services provided by ecosystems. The fourth is a brief discussion of some of the implications of behavioral economics for the task of estimating nonmarket values for environmental goods and services.