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Benefit‐Cost Analysis and Multiple Objectives: Current Issues in Water Resources Planning
Author(s) -
Freeman A. Myrick,
Haveman Robert H.
Publication year - 1970
Publication title -
water resources research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.863
H-Index - 217
eISSN - 1944-7973
pISSN - 0043-1397
DOI - 10.1029/wr006i006p01533
Subject(s) - set (abstract data type) , operations research , water resources , current (fluid) , management science , computer science , risk analysis (engineering) , environmental planning , business , economics , engineering , geography , ecology , electrical engineering , biology , programming language
Basic principles of multiple objective planning are discussed. The need for careful, nonoverlapping, empirically measurable definitions of each objective is brought out. The limits placed on multiple objective planning by the absence of a set of social weights are pointed out, and the possibility of deducing these weights from congressional actions is discussed. The regional development objective receives particular attention.