Benefit transfer valuation - Revision history

Designing Buildings at 07:01, 19 July 2021

2021-07-19T07:01:07Z

← Older revision		Revision as of 07:01, 19 July 2021
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	* Avertive expenditure.		* Avertive expenditure.
		+	* Benefit.
	* Benefit cost ratio.		* Benefit cost ratio.
	* Desk study.		* Desk study.

Designing Buildings at 07:42, 26 February 2021

2021-02-26T07:42:43Z

← Older revision		Revision as of 07:42, 26 February 2021
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	* Value.		* Value.

−	[[Category:~~Definitions~~]] [[Category:~~DCN_Definition~~]] [[Category:Cost_/_business_planning]]	+	[[Category:DCN_Definition]] [[Category:Definitions]] [[Category:Cost_/_business_planning]]

Designing Buildings at 13:03, 17 April 2020

2020-04-17T13:03:07Z

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		+	The [https://www.ciria.org/Memberships/The_SuDs_Manual_C753_Chapters.aspx SuDS Manual] published by CIRIA in 2015 defines benefit transfer as:
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		+	‘A method for transferring the values ascribed to a good, service or attribute from one survey or study in relevant ways to another decision or policy context, thereby avoiding the need to repeat the survey or study.’
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	RICS Insight Paper ‘[https://www.rics.org/globalassets/rics-website/media/knowledge/research/insights/value-of-natural-capital-the-need-for-chartered-surveyors-rics.pdf Value of natural capital - the need for chartered surveyors]’ published by the Royal Institution of Chartered Surveyors in 2017 suggests that the benefit transfer valuation method (BT, sometimes referred to as value transfer) can overcome practical difficulties of affordability and feasibility that may be encountered with ‘primary’ valuation studies such as stated preference valuation or the revealed preference method. It is carried out by transferring values from primary studies undertaken elsewhere. It does not therefore require the collection and analysis of new primary data.		RICS Insight Paper ‘[https://www.rics.org/globalassets/rics-website/media/knowledge/research/insights/value-of-natural-capital-the-need-for-chartered-surveyors-rics.pdf Value of natural capital - the need for chartered surveyors]’ published by the Royal Institution of Chartered Surveyors in 2017 suggests that the benefit transfer valuation method (BT, sometimes referred to as value transfer) can overcome practical difficulties of affordability and feasibility that may be encountered with ‘primary’ valuation studies such as stated preference valuation or the revealed preference method. It is carried out by transferring values from primary studies undertaken elsewhere. It does not therefore require the collection and analysis of new primary data.

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	* Avertive expenditure.		* Avertive expenditure.
		+	* Benefit cost ratio.
		+	* Desk study.
	* Environmental value concepts.		* Environmental value concepts.
	* Hedonic pricing.		* Hedonic pricing.
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	* Value.		* Value.

−	[[Category:Definitions]] [[Category:Cost_/_business_planning]]	+	[[Category:Definitions]] [[Category:DCN_Definition]] [[Category:Cost_/_business_planning]]

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2020-04-17T13:01:02Z

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RICS Insight Paper ‘[https://www.rics.org/globalassets/rics-website/media/knowledge/research/insights/value-of-natural-capital-the-need-for-chartered-surveyors-rics.pdf Value of natural capital - the need for chartered surveyors]’ published by the Royal Institution of Chartered Surveyors in 2017 suggests that the benefit transfer valuation method (BT, sometimes referred to as value transfer) can overcome practical difficulties of affordability and feasibility that may be encountered with ‘primary’ valuation studies such as stated preference valuation or the revealed preference method. It is carried out by transferring values from primary studies undertaken elsewhere. It does not therefore require the collection and analysis of new primary data.

Its problems lie in the degree of similarity between the sites used in terms of scale, place, time, services, socio-economic characteristics, environmental and ecological conditions and so on.

= Related articles on Designing Buildings Wiki =

* Avertive expenditure.
* Environmental value concepts.
* Hedonic pricing.
* Natural capital.
* Replacement cost.
* RICS.
* Stated preference valuation.
* Travel cost methods.
* Valuation.
* Value added.
* Value.

[[Category:Definitions]] [[Category:Cost_/_business_planning]]