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1.
Ecol Econ ; 204(Pt A): 107609, 2023 Feb.
Article in English | MEDLINE | ID: mdl-36742271

ABSTRACT

Plastic pollution is one of the most challenging problems affecting the marine environment of our time. Based on a unique dataset covering four European seas and eight European countries, this paper adds to the limited empirical evidence base related to the societal welfare effects of marine litter management. We use a discrete choice experiment to elicit public willingness-to-pay (WTP) for macro and micro plastic removal to achieve Good Environmental Status across European seas as required by the European Marine Strategy Framework Directive. Using a common valuation design and following best-practice guidelines, we draw comparisons between countries, seas and policy contexts. European citizens have strong preferences to improve the environmental status of the marine environment by removing and reducing both micro and macro plastic litter and implementing preventive measures favouring a pan-European approach. However, public WTP estimates differ significantly across European countries and seas. We explain why and discuss implications for policymaking.

2.
PLoS One ; 17(5): e0268425, 2022.
Article in English | MEDLINE | ID: mdl-35588116

ABSTRACT

The main objective of this study is to assess the economic value of the Brazilian Amazon's ecosystem services accruing to Brazilians based on a meta-analysis of the Brazilian valuation literature. Insight in these local values provides an important benchmark to demonstrate the importance of preserving the Brazilian Amazon forest. The review covers almost 30 years of Brazilian valuation research on the Amazon, published predominantly in Portuguese, highlighting a high degree of study and data heterogeneity. The estimated mean value of the provision of habitat for species, carbon sequestration, water regulation, recreation and ecotourism to local populations is about 410 USD/ha/year. The standard deviation is however high, reflecting a wide dispersion in the distribution of values. Between 50 and 70 percent of the variation in these values can be explained with the help of the estimated meta-regression models, resulting in considerable prediction errors when applying a within-sample resampling procedure. These findings demonstrate the need for a more robust, common ecosystem services accounting and valuation framework before these values can be scaled up and aggregated across the entire Brazilian Amazon.


Subject(s)
Ecosystem , Rainforest , Brazil , Conservation of Natural Resources , Forests , Humans
3.
Sci Total Environ ; 800: 149543, 2021 Dec 15.
Article in English | MEDLINE | ID: mdl-34392228

ABSTRACT

In this study, we develop a hydro-economic modelling framework for river-basin scales by integrating a water resources system model and an economic model. This framework allows for the representation of both local-scale features, such as reservoirs, diversions, and water licenses and priorities, and regional- and provincial-scale features, such as cross-sectoral and inter-regional connectedness and trade flows. This framework is able to: (a) represent nonlinearities and interactions that cannot be represented by either of typical water resources or economic models; (b) analyze the sensitivity of macro-scale economy to different local water management decisions (called 'decision levers' herein); and (c) identify water allocation strategies that are economically sound across sectors and regions. This integrated model is applied to the multi-jurisdictional Saskatchewan River Basin in Western Canada. Our findings reveal that an economically optimal water allocation strategy can mitigate the economic losses of water stress up to 80% compared to the existing water allocation strategy. We draw lessons from our analysis and discuss how integrated inter-regional hydro-economic modelling can benefit vulnerability assessment and robust decision making.


Subject(s)
Rivers , Water Resources , Saskatchewan , Water Supply
4.
Mar Pollut Bull ; 170: 112611, 2021 Sep.
Article in English | MEDLINE | ID: mdl-34144394

ABSTRACT

This study reviews existing legal, institutional and policy tools and frameworks, relevant to the introduction and adoption of new marine litter clean-up technologies in two regional European seas, the Mediterranean and the Baltic. A combination of desk studies in six countries bordering the Baltic (Estonia, Germany, Sweden) and the Mediterranean (Greece, Italy, Tunisia), and interviews with experts and stakeholders, is used to identify key drivers and barriers to the adoption and diffusion of marine litter technologies. The main conclusion of the study is that the most influential pieces of legislation relevant to marine litter management are top-down EU policies, often forming the basis of regional and national plans. Moreover, the study finds that several drivers of marine litter technologies may at the same time be critical barriers. These factors include public awareness, consumer behaviour, enforcement of legislation, and the rise of SMEs engaged in recycling and eco-labelling of marine litter.


Subject(s)
Plastics , Waste Products , Environmental Monitoring , Humans , Oceans and Seas , Recycling , Waste Products/analysis
5.
J Environ Qual ; 50(3): 529-546, 2021 May.
Article in English | MEDLINE | ID: mdl-33742722

ABSTRACT

Agricultural phosphorus (P) losses to surface water bodies remain a global eutrophication concern, despite the application of conservation practices on farm fields. Although it is generally agreed upon that the use of multiple conservation practices ("stacking") will lead to greater improvements to water quality, this may not be cost effective to farmers, reducing the likelihood of adoption. At present, wholesale recommendations of conservation practices are given; however, the application of specific conservation practices in certain environments (e.g., no-till with surface application, cover crops) may not be effective and can even lead to unintended consequences. In this paper, we present the Lake Erie watershed as a case study. The Lake Erie watershed contains regions with unique physical geographies that include differences in climate, soil, topography, and land use, which have implications for both P transport from agricultural fields and the efficacy of conservation practices in mitigating P losses. We define major regions within the Lake Erie watershed where common strategies for conservation practice implementation are appropriate, and we propose a five-step plan for bringing regionally tailored, adaptive, and cost-conscious conservation practice into watershed planning. Although this paper is specific to the Lake Erie watershed, our framework can be transferred across broader geographic regions to provide guidance for watershed planning.


Subject(s)
Lakes , Phosphorus , Agriculture , Environmental Monitoring , Eutrophication , Phosphorus/analysis
6.
Mar Pollut Bull ; 162: 111880, 2021 Jan.
Article in English | MEDLINE | ID: mdl-33307401

ABSTRACT

Plastic pollution, especially in marine environments, is a global problem that is currently inadequately managed. Solutions for marine plastic can occur through policy, behavior change and infrastructure improvements, but also through entrepreneurial ventures and technological innovations. Currently, information about these ventures and innovations is scattered and lacks coherence. This study presents the first comprehensive overview of entrepreneurial and SME led solutions for marine plastic by analyzing a database of 105 SMEs categorized into four functions: prevention, collection, transformation and monitoring. We find that small businesses are successfully commercializing goods and services to reduce the damage of plastics on the marine environment through innovative business models, with a steep growth of startups founded between 2016 and 2019. However, efforts to manage marine plastic are still underdeveloped in many areas, including microplastic management and monitoring. Practitioners, policymakers and researchers can utilize the database to identify solutions, best practices, synergies and avenues for further research, such as quantifying the environmental impacts of this industry.


Subject(s)
Environmental Pollution , Plastics , Commerce , Environmental Monitoring , Microplastics , Oceans and Seas
7.
J Environ Manage ; 232: 1075-1085, 2019 Feb 15.
Article in English | MEDLINE | ID: mdl-33395759

ABSTRACT

Switzerland plans to restore 4000 km of rivers by 2090. Despite the immense investment costs, river restoration benefits have not been valued in monetary terms, and a cost-benefit analysis (CBA) does not exist for any river restoration project in Switzerland. We apply stated preference methods to elicit public preferences and willingness to pay for restoring two specific but representative river sites. The benefits of restoration are compared with its costs. Upscaling the results to the national level shows that the government budget allocated for river restoration (CHF 1200/m) is insufficient to cover the costs of local restoration projects. However, the surveyed local populations are willing to pay substantially more for restoring rivers in their area of residence than they are legally obliged to do. The CBA results demonstrate that the benefits outweigh the costs in the two case studies, and hence that restoration efforts are justified from an economic point of view. A sensitivity analysis shows that the main results and conclusions do not change when we change some of the key assumptions underlying the CBA.

8.
PLoS One ; 13(8): e0200881, 2018.
Article in English | MEDLINE | ID: mdl-30067791

ABSTRACT

Payments for ecosystem services (PES) often serve multiple objectives, such as carbon emission reduction and poverty alleviation. However, the effectiveness of PES as an instrument to achieve these multiple objectives, in particular in a conservation-development context, is often questioned. This study adds to the very limited empirical evidence base and investigates to what extent Vietnam's move to PES has helped protect forest ecosystems and improve local livelihoods and income inequality. We zoom in on Lam Dong province, where PES was first introduced in Vietnam in 2009. Changes in forest cover are analysed using satellite images over a period of 15 years (2000-2014). Socio-economic impacts are assessed based on rural household interviews with PES participants and non-participants as a control group over a period of 7 years (2008-2014). Our results show that PES contributes significantly to forest cover, the improvement of local livelihoods, and the reduction of income inequality.


Subject(s)
Conservation of Natural Resources/economics , Conservation of Natural Resources/methods , Forests , Farmers , Humans , Models, Econometric , Rural Population , Socioeconomic Factors , Vietnam
9.
Integr Environ Assess Manag ; 13(6): 1100-1112, 2017 Nov.
Article in English | MEDLINE | ID: mdl-28548694

ABSTRACT

International chemicals legislation aims at adequately controlling persistent organic pollutants (POPs) and substances of very high concern (SVHCs), such as persistent, bioaccumulative, and toxic (PBT) and very persistent and very bioaccumulative (vPvB) substances, with a view to progressively substitute these substances with suitable less-hazardous alternatives. Using cost-effectiveness analysis (CEA) to assess the (dis)proportionality of measures to control such substances (collectively called "PBT" in the present paper) requires benchmarks. The present paper provides building blocks for possible benchmarks by looking at the cost-effectiveness estimates for regulatory measures that have been applied or considered for various PBT substances. These cost-effectiveness estimates vary widely, and the main factors possibly explaining this variation are discussed. The available cost estimates currently do not allow deriving a value for society's willingness to pay to reduce PBT presence, use, and emissions because decisions referring explicitly to these estimates are scarce. Roughly speaking, the available evidence suggests that measures costing less than €1000 per kilogram PBT use or emission reduction will usually not be rejected for reasons of disproportionate costs, whereas for measures with costs above €50 000 per kilogram PBT such a rejection is likely. More research is needed to strengthen the evidence base and further elaborate a systematic approach toward proportionality benchmarking. Integr Environ Assess Manag 2017;13:1100-1112. © 2017 The Authors. Integrated Environmental Assessment and Management published by Wiley Periodicals, Inc. on behalf of Society of Environmental Toxicology & Chemistry (SETAC).


Subject(s)
Environmental Exposure/statistics & numerical data , Environmental Policy , Environmental Pollutants/metabolism , Environmental Pollution/legislation & jurisprudence , Ecotoxicology , Environmental Exposure/legislation & jurisprudence , Environmental Monitoring , Environmental Pollutants/analysis , Environmental Pollutants/standards , Environmental Pollution/statistics & numerical data , Hazardous Substances , Risk Assessment
10.
Mitig Adapt Strateg Glob Chang ; 22(2): 325-347, 2017.
Article in English | MEDLINE | ID: mdl-30197568

ABSTRACT

One of the climate change scenarios that have been developed for the Netherlands predicts hotter and drier summers and a substantial drop in river discharge. This might lead to water scarcity with detrimental economic and environmental effects. Among the possible adaptation responses to climate change-induced water scarcity, the re-allocation of water resources among competing uses should also be considered. In this paper, we extend and apply a computable general equilibrium (CGE) model to assess the potential of water markets (water allocation according to its shadow price) to guide the allocation of scarce water across agriculture, manufacturing, and public water supply. We develop four scenarios in which the scope of water markets is increased from industry-specific to economy-wide. The results show that the agricultural sector bears nearly all of the losses from a new water-scarce climate, while the manufacturing sectors are able to mitigate their losses to a large extent by technical measures. Extending the scope of water markets unambiguously increases economic output and results in a re-allocation of water to the manufacturing sector from the agricultural sector and from public water services. If, perhaps for political reasons, public water services are excluded from water trading, water is re-allocated from agriculture to manufacturing. Depending on which sectors are included, the construction of a water market can have negative or positive effects on a sector's output, and although the implementation of water markets may be positive for overall economic output and can hence assist adaptation, the effect on vulnerable or societally sensitive economic sectors, such as public water, should be taken into account when implementing such a market.

11.
Appl Health Econ Health Policy ; 13(1): 81-94, 2015 Feb.
Article in English | MEDLINE | ID: mdl-25380638

ABSTRACT

BACKGROUND: Access to safe drinking water has been on the global agenda for decades. The key to safe drinking water is found in household water treatment and safe storage systems. OBJECTIVE: In this study, we assessed rural and urban household demand for a new gravity-driven membrane (GDM) drinking-water filter. METHODS: A choice experiment (CE) was used to assess the value attached to the characteristics of a new GDM filter before marketing in urban and rural Kenya. The CE was followed by a contingent valuation (CV) question. Differences in willingness to pay (WTP) for the same filter design were tested between methods, as well as urban and rural samples. RESULTS: The CV follow-up approach produces more conservative and statistically more efficient WTP values than the CE, with only limited indications of anchoring. The effect of the new filter technology on children with diarrhea is among the most important drivers behind choice behavior and WTP in both areas. The urban sample is willing to pay more in absolute terms than the rural sample irrespective of the valuation method. Rural households are more price sensitive, and willing to pay more in relative terms compared with disposable household income. CONCLUSION: A differentiated marketing strategy across rural and urban areas is expected to increase uptake and diffusion of the new filter technology.


Subject(s)
Drinking Water/standards , Filtration/economics , Micropore Filters/economics , Rural Population/statistics & numerical data , Urban Population/statistics & numerical data , Water Quality , Humans , Kenya , Models, Statistical , Socioeconomic Factors
12.
Environ Sci Technol ; 48(21): 12500-8, 2014 Nov 04.
Article in English | MEDLINE | ID: mdl-25251946

ABSTRACT

Contamination of freshwater with micropollutants (MPs) is a growing concern worldwide. Even at very low concentrations, MPs can have adverse effects on aquatic ecosystems and possibly also on human health. Switzerland is one of the first countries to start implementing a national policy to reduce MPs in the effluents of municipal sewage treatment plants (STPs). This paper estimates the benefits of upgrading STPs based on public's stated preferences. To assess public demand for the reduction of the environmental and health risks of MPs, we conducted a choice experiment in a national online survey. The results indicate that the average willingness to pay per household is CHF 100 (US$ 73) annually for reducing the potential environmental risk of MPs to a low level. These benefits, aggregated over households in the catchment of the STPs to be upgraded, generate a total annual economic value of CHF 155 million (US$ 113 million). This compares with estimated annual costs for upgrading 123 STPs of CHF 133 million (US$ 97 million) or CHF 86 (US$ 63) per household connected to these STPs. Hence, a cost-benefit analysis justifies the investment decision from an economic point of view and supports the implementation of the national policy in the ongoing political discussion.


Subject(s)
Cost-Benefit Analysis , Public Policy/economics , Public Policy/legislation & jurisprudence , Wastewater , Water Pollutants, Chemical/chemistry , Humans , Switzerland
13.
J Environ Manage ; 143: 151-61, 2014 Oct 01.
Article in English | MEDLINE | ID: mdl-24905645

ABSTRACT

This study examines willingness to pay (WTP) in Bangladesh for arsenic (As) safe drinking water across different As-risk zones, applying a double bound discrete choice value elicitation approach. The study aims to provide a robust estimate of the benefits of As safe drinking water supply, which is compared to the results from a similar study published almost 10 years ago using a single bound estimation procedure. Tests show that the double bound valuation design does not suffer from anchoring or incentive incompatibility effects. Health risk awareness levels are high and households are willing to pay on average about 5 percent of their disposable average annual household income for As safe drinking water. Important factors influencing WTP include the bid amount to construct communal deep tubewell for As safe water supply, the risk zone where respondents live, household income, water consumption, awareness of water source contamination, whether household members are affected by As contamination, and whether they already take mitigation measures.


Subject(s)
Arsenic , Drinking Water , Water Supply/economics , Adult , Arsenic/analysis , Arsenic Poisoning/prevention & control , Bangladesh , Data Collection , Drinking , Family Characteristics , Female , Humans , Income , Male , Models, Statistical , Models, Theoretical , Public Opinion , Water Pollutants, Chemical/analysis , Water Pollutants, Chemical/economics , Water Pollution
14.
Regul Toxicol Pharmacol ; 68(3): 438-46, 2014 Apr.
Article in English | MEDLINE | ID: mdl-24518386

ABSTRACT

Since 2007 regulation 1907/2006/EC concerning the Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) is in force in Europe to reduce the adverse effects of hazardous chemical substances on human health and the environment. Implementation of the regulation by the European Chemicals Agency (ECHA) is supported by a Socio-Economic Analysis (SEA) Committee, consisting of European experts who help prepare ECHA's opinion on proposals for either restricting or authorizing dangerous substances. This paper presents the outcomes of the SEA underlying the first restriction proposals. Member states proposing a restriction have to show that it will reduce the risks to an acceptable level at a cost which is proportionate to the avoided risk. What is considered proportionate is not clearly defined in REACH. The opinion making process is characterized by many uncertainties: the expert group had no previous experiences to fall back on and limited information about the expected costs and benefits of the proposed restrictions. The study provides insight into expert opinions on environmental and health risks under uncertainty in the specific context of REACH. Particular attention is paid to the confidence experts place on the estimated socio-economic benefits of the avoided risks compared to the estimated compliance costs.


Subject(s)
Consumer Product Safety/legislation & jurisprudence , Cost-Benefit Analysis , Decision Making , Hazardous Substances/toxicity , Decision Support Techniques , Europe , Government Regulation , Humans , Risk Assessment/economics , Uncertainty
15.
J Environ Manage ; 92(6): 1461-70, 2011 Jun.
Article in English | MEDLINE | ID: mdl-21310523

ABSTRACT

The Environmental Liability Directive (ELD) establishes a framework of liability based on the 'polluter-pays' principle to prevent and remedy environmental damage. The ELD requires the testing of appropriate equivalency methods to assess the scale of compensatory measures needed to offset damage. The aim of this paper is to contribute to fill the existing knowledge gap on the application of the value equivalency approach for damage compensation in this context. We analyze the toxic spill damaging the Doñana National Park (Spain) in 1998. The welfare losses associated with the resource damage are estimated using non-market valuation and compared to the value of the compensatory measures taken after the accident. Our results show that the in-kind compensation may have been insufficient to offset the welfare losses. We conclude that a more comprehensive knowledge of the human welfare effects caused by environmental damage is of substantial importance to determine compensatory remediation, as insufficient information in this respect can lead to erroneous decisions causing loss to society.


Subject(s)
Compensation and Redress/legislation & jurisprudence , Disasters/economics , Environmental Pollution/economics , Liability, Legal/economics , Social Values , Adult , Aged , Humans , Middle Aged , Spain
16.
Disasters ; 35(2): 287-307, 2011 Apr.
Article in English | MEDLINE | ID: mdl-21073670

ABSTRACT

This paper aims to contribute to the debate on the feasibility of the provision of micro flood insurance as an effective tool for spreading disaster risks in developing countries and examines the role of the institutional-organisational framework in assisting the design and implementation of such a micro flood insurance market. In Bangladesh, a private insurance market for property damage and livelihood risk due to natural disasters does not exist. Private insurance companies are reluctant to embark on an evidently unprofitable venture. Testing two different institutional-organisational models, this research reveals that the administration costs of micro-insurance play an important part in determining the long-term viability of micro flood insurance schemes. A government-facilitated process to overcome the differences observed in this study between the nonprofit micro-credit providers and profit-oriented private insurance companies is needed, building on the particular competence each party brings to the development of a viable micro flood insurance market through a public-private partnership.


Subject(s)
Attitude , Disasters/economics , Floods/economics , Insurance/organization & administration , Public-Private Sector Partnerships/organization & administration , Adult , Bangladesh , Developing Countries , Female , Focus Groups , Government , Humans , Male , Middle Aged , Organizational Case Studies , Organizational Innovation , Risk
17.
PLoS One ; 6(12): e28807, 2011.
Article in English | MEDLINE | ID: mdl-22216114

ABSTRACT

The goal of preserving nature is often in conflict with economic development and the aspirations of the rural poor. Nowhere is this more striking than in native grasslands, which have been extensively converted until a mere fraction of their original extent remains. This is not surprising; grasslands flourish in places coveted by humans, primed for agriculture, plantations, and settlements that nearly always trump conservation efforts. The Umgano grassland conservation and poverty reduction project in KwaZulu-Natal Province, South Africa uses community-based spatial planning to balance the conversion of its lower-conservation value grasslands to a timber plantation, while conserving higher-value grasslands for heritage purposes and managed livestock grazing. Ten years after project launch, we measured the ecological and socioeconomic impacts of the project using Normalized Differential Vegetation Index remote sensing data and over 500 household interviews, as compared with similar non-conserved areas. Zoned management of the Umgano area had resulted in between 9% and 17% greater average peak production in the grassland areas compared to control sites. There was also a 21% gain in incomes for the roughly one hundred people employed by the forestry efforts, when compared to others in their village. Community-based spatial zoning is an overlooked tool for balancing conservation and development but may require, as we found in Umgano, certain critical factors including strong local leadership, an accountable financial management mechanism to distribute income, outside technical expertise for the zoning design, and community support.


Subject(s)
Conservation of Natural Resources , Ecosystem , Poaceae , Socioeconomic Factors
18.
Ecol Appl ; 18(8): 2050-67, 2008 Dec.
Article in English | MEDLINE | ID: mdl-19263897

ABSTRACT

It has become essential in policy and decision-making circles to think about the economic benefits (in addition to moral and scientific motivations) humans derive from well-functioning ecosystems. The concept of ecosystem services has been developed to address this link between ecosystems and human welfare. Since policy decisions are often evaluated through cost-benefit assessments, an economic analysis can help make ecosystem service research operational. In this paper we provide some simple economic analyses to discuss key concepts involved in formalizing ecosystem service research. These include the distinction between services and benefits, understanding the importance of marginal ecosystem changes, formalizing the idea of a safe minimum standard for ecosystem service provision, and discussing how to capture the public benefits of ecosystem services. We discuss how the integration of economic concepts and ecosystem services can provide policy and decision makers with a fuller spectrum of information for making conservation-conversion trade-offs. We include the results from a survey of the literature and a questionnaire of researchers regarding how ecosystem service research can be integrated into the policy process. We feel this discussion of economic concepts will be a practical aid for ecosystem service research to become more immediately policy relevant.


Subject(s)
Decision Making , Ecosystem , Policy Making , Research/economics , Conservation of Natural Resources/economics , Conservation of Natural Resources/legislation & jurisprudence , Humans , Models, Economic
19.
Risk Anal ; 27(2): 313-26, 2007 Apr.
Article in English | MEDLINE | ID: mdl-17511700

ABSTRACT

In this article we investigate the complex relationship between environmental risk, poverty, and vulnerability in a case study carried out in one of the poorest and most flood-prone countries in the world, focusing on household and community vulnerability and adaptive coping mechanisms. Based upon the steadily growing amount of literature in this field we develop and test our own analytical model. In a large-scale household survey carried out in southeast Bangladesh, we ask almost 700 floodplain residents living without any flood protection along the River Meghna about their flood risk exposure, flood problems, flood damage, and coping mechanisms. Novel in our study is the explicit testing of the effectiveness of adaptive coping strategies to reduce flood damage costs. We show that, households with lower income and less access to productive natural assets face higher exposure to risk of flooding. Disparity in income and asset distribution at community level furthermore tends to be higher at higher risk exposure levels, implying that individually vulnerable households are also collectively more vulnerable. Regarding the identification of coping mechanisms to deal with flood events, we look at both the ex ante household level preparedness for flood events and the ex post availability of community-level support and disaster relief. We find somewhat paradoxically that the people that face the highest risk of flooding are the least well prepared, both in terms of household-level ex ante preparedness and community-level ex post flood relief.


Subject(s)
Disaster Planning , Disasters , Greenhouse Effect , Risk , Acclimatization , Adult , Bangladesh , Environment , Female , Humans , Male , Middle Aged , Relief Work , Risk Assessment , Social Class
20.
J Health Econ ; 24(3): 591-611, 2005 May.
Article in English | MEDLINE | ID: mdl-15811545

ABSTRACT

This paper provides a first application of the techniques of benefits transfer to the health economics literature. These techniques seek to transfer the value of some good from one 'survey' context to a new 'policy' context so avoiding the need for new valuation surveys each time a new policy question arises. Two approaches to benefits transfer are assessed: the simple transfer of mean values and the transferral of value functions. We develop a new methodology for the latter approach in which value functions are iteratively built up from theoretical principles with transfer errors being tested each time a new variable is added. Through a novel application of advanced statistical tests we show that this approach outperforms the transferral of statistically driven Best-fit functions. The case study presented focuses upon the transfer of contingent valuation (CV) willingness to pay (WTP) estimates and associated value functions for reducing the health risks associated with solar ultraviolet (UV) exposure. Common format studies are conducted in four countries with transfers between all of these being undertaken. By calculating errors in predicted versus actual values across countries we show that, when transferring between similar contexts, simple mean-value transfers outperform more complex value function transfers (with the magnitude of the former errors being encouragingly small). However, this result is reversed when transfers are undertaken across dissimilar contexts where value functions partially adjust for these differences. In summary these findings provide support and guidance for future applications.


Subject(s)
Financing, Personal/statistics & numerical data , Risk Reduction Behavior , Health Policy , Humans
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