Shadow Prices from Secondary Sources

Nonmarket valuation methods

1. Expensive
2. Time Consuming

Benefit Transfer

1. Point estimate transfer
2. Benefit function transfer
3. Meta-analysis transfer
4. Synthesis of the Syntheses

Assessment

1. Accuracy falls as distance in time and space increases
2. Some number is better than no number

References

1. Blomquist, JEH
2. Dumas, et al., AFS
3. Noonan, JCE
4. U.S. DOT