benefit transfer

Benefit transfer is a method used to estimate the value of a natural resource or environmental service in one location based on studies or data from a different, similar location. Instead of conducting a new, often costly and time-consuming survey, researchers adapt existing valuation results to new areas. This approach saves resources while providing useful estimates for decision-making. However, it relies on the assumption that the value in the new location is comparable to the original study, which may not always be perfectly accurate.