A Repeated Sampling Technique in Assessing the Validity of Benefit Transfer in Valuing Non-Market Goods
通过重复抽样方法,从芝加哥住房样本中抽取多组随机子样本进行效益转移测试,发现即使在有利条件下转移效果也较差,且函数转移并不比单位价值转移更精确。
<i>This paper applies the hedonic technique to investigate the effectiveness of benefit transfer methodologies in a statistically controlled, repeated sampling scheme. Benefit transfers are carried out on several sets of 1,000 pairs of random, non-overlapping sub-samples drawn from a Chicago housing sample. The study finds that even under extremely favorable transfer conditions, quality of transferred benefits is poor, and there is no gain in precision in adopting function transfer over unit value transfer. In the presence of dissimilarities between two sites, however, quality of transferred benefits deteriorates further and function transfer appears more appropriate than unit value transfer.</i>