Making More Informed Decisions in Your Watershed When Dollars Aren't Enough.
Abstract
Decisions regarding potential investments in watershed resources can leave decision making comparing 'apples to oranges' when the costs of watershed improvements are measurable in dollars but the benefits are not. While traditional benefit cost analysis simply won't work in these situations, the tools of cost effectiveness analysis and incremental cost analysis can help by providing information to support decision making. This paper presents a general analytical procedure for cost effectiveness and incremental cost analyses, and three example applications. The examples demonstrate the procedures applicability to planning for investments in a variety of resources as well as problem solving situations of different complexities.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 1998
- Accession Number
- ADA342964
Entities
People
- Kenneth Orth
- Ridgely Robinson
- William Hansen
Organizations
- United States Army Corps of Engineers