Calibrating Benefit Function Transfer to Assess the Conservation Reserve Program
提出一种校准效益转移的方法以减少估计偏差，并以保护储备计划对水上休闲的影响为例，展示未校准时可能产生的巨大偏差。
Abstract Benefit transfer offers an inexpensive alternative to conducting an original study to determine economic value. Unfortunately, benefit transfers can also result in biased welfare estimates. In this paper, we suggest a method of calibrating the benefit transfer to reduce this bias. An empirical example to determine the benefits of the Conservation Reserve Program on water‐based recreation illustrates the potentially large biases that can result if the transfer is not calibrated.