The role of benefit transfer in ecosystem service valuation

Ecological Economics
By: , and 

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Abstract

The demand for timely monetary estimates of the economic value of nonmarket ecosystem goods and services has steadily increased over the last few decades. This article describes the use of benefit transfer to generate monetary value estimates of ecosystem services specifically. The article provides guidance for conducting such benefit transfers and summarizes advancements in benefit transfer methods, databases and analysis tools designed to facilitate its application.

Additional publication details

Publication type Article
Publication Subtype Journal Article
Title The role of benefit transfer in ecosystem service valuation
Series title Ecological Economics
DOI 10.1016/j.ecolecon.2014.02.018
Volume 115
Year Published 2015
Language English
Publisher Elsevier
Contributing office(s) Fort Collins Science Center
Description 8 p.
First page 51
Last page 58
Online Only (Y/N) N
Additional Online Files (Y/N) N