Approaches for visualizing uncertainty in benefit transfer from metaregression

Luke Fitzpatrick, Christopher F. Parmeter, Juan Agar

Research output: Contribution to journalArticlepeer-review

1 Scopus citations

Abstract

When making decisions, policymakers often rely on benefit transfer estimates of environmental amenities when primary valuation studies are infeasible. However, various forms of uncertainty appear in the application of meta-analysis. We discuss several visual devices which applied analysts can deploy to clearly present select types of uncertainty into their work. Several examples from well-known metadatasets are presented. The empirical results suggest that these graphical devices allow greater depth of insight that what commonly appears in meta-regression analysis.

Original languageEnglish (US)
Article number106344
JournalEcological Economics
Volume164
DOIs
StatePublished - Oct 2019

Keywords

  • Confidence interval
  • Contingent valuation
  • Convergent validity
  • Joy plot
  • Metaregression model
  • Nonlinearity
  • Policy analysis

ASJC Scopus subject areas

  • Environmental Science(all)
  • Economics and Econometrics

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