Benefit transfer valuation
The SuDS Manual published by CIRIA in 2015 defines benefit transfer as:
‘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.’
RICS Insight Paper ‘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.
[edit] Related articles on Designing Buildings Wiki
Featured articles and news
Gregor Harvie argues that AI is state-sanctioned theft of IP.
Experimental AI housing target help for councils
Experimental AI could help councils meet housing targets by digitising records.
New-style degrees set for reformed ARB accreditation
Following the ARB Tomorrow's Architects competency outcomes for Architects.
BSRIA Occupant Wellbeing survey BOW
Occupant satisfaction and wellbeing tool inc. physical environment, indoor facilities, functionality and accessibility.
Preserving, waterproofing and decorating buildings.
Many resources for visitors aswell as new features for members.
Using technology to empower communities
The Community data platform; capturing the DNA of a place and fostering participation, for better design.
Heat pump and wind turbine sound calculations for PDRs
MCS publish updated sound calculation standards for permitted development installations.
Homes England creates largest housing-led site in the North
Successful, 34 hectare land acquisition with the residential allocation now completed.
Scottish apprenticeship training proposals
General support although better accountability and transparency is sought.
The history of building regulations
A story of belated action in response to crisis.
Moisture, fire safety and emerging trends in living walls
How wet is your wall?
Current policy explained and newly published consultation by the UK and Welsh Governments.
British architecture 1919–39. Book review.
Conservation of listed prefabs in Moseley.
Energy industry calls for urgent reform.
Heritage staff wellbeing at work survey.