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Using meta‐analysis for benefit transfer: Issues and examples

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There are many ways to conduct benefit transfer (BT), where a VSL estimate is transferred from the available literature to a policy context in need of a VSL estimate. One such method utilises meta‐regression analysis to estimate how different policyrelevant factors affect VSL, in order to improve accuracy in BT. This chapter discusses issues to consider when using meta‐analysis in BT and goes through a comprehensive example where the accuracy of simple and more advanced BT methods are compared. The example shows that the use of meta‐analysis for BT may achieve accuracy gains over other methods in some situations.

Document Type: Review Article

Publication date: January 1, 2012

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