Benefit transfer is increasingly being used by decision makers as a way of estimating environmental values suitable for use in benefit cost analysis. However, recent studies examining the validity of benefit transfer of passive use values estimated using contingent valuation have rejected the...

"Traditionally, benefits of common property arrangements arose from complementarity in resource use, which permitted multiple uses for several users. Today, common property resources (CPRs) represent quasi-public goods, featuring increasing rivalry in consumption. As the domain of uses widens...