The transfer study, a technique used in cost-benefit analysis, is
an increasingly important tool used by government agencies to
assess environmental regulatory policy. This innovative book
develops protocols for using the transfer method to approach
environmental problems and introduces several significant
conceptual and methodological advances that refine the transfer
process. The transfer approach to quantitative policy analysis
adapts information and data from existing studies and so provides
an economical way to assess potential benefits and costs for
projects. The book presents a detailed framework for examining the
transfer of information, outlines the basic steps of the method,
and discusses solutions to frequently encountered problems. It then
illustrates the method with an extensive case study of
environmental externalities from electricity generation. This case
study provides the opportunity to discuss salient aspects of the
transfer method in more detail, including conceptual principles,
the quality of original studies, empirical difficulties and
estimation techniques. It also demonstrates the use of
state-of-the-art techniques such as meta analysis to synthesise and
transfer information from multiple studies and assesses the
reliability of the transfer estimates with repeated computer
simulations, a technique known as Monte Carlo analysis.
Environmental Policy Analysis with Limited Information will appeal
to environmental policy analysts and managers as well as
environmental economists.
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