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Measurement of the Socioeconomic Impact of Lake Restoration: An Assessment Model Employing a Benefit/Cost Cross‐Impact Probabilistic Approach
Author(s) -
Liu Benchieh,
Christiansen Neils,
Jaksch John
Publication year - 1980
Publication title -
american journal of economics and sociology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.199
H-Index - 38
eISSN - 1536-7150
pISSN - 0002-9246
DOI - 10.1111/j.1536-7150.1980.tb01274.x
Subject(s) - interdependence , probabilistic logic , socioeconomic status , agency (philosophy) , public work , environmental impact assessment , socioeconomic development , public investment , impact assessment , environmental resource management , environmental science , environmental planning , computer science , environmental economics , economics , political science , public fund , economic growth , public economics , population , philosophy , demography , epistemology , public administration , artificial intelligence , sociology , law
A bstract . A number of lake restoration demonstraton projects have been launched by the Environmental Protection Agency as a result of Public Law 92‐500. To evaluate the cost‐effectiveness of these public investment projects requires the development of an assessment model. The proposed Benefit/Cost Cross‐Impact Probabilistic Approach (BCCIPA) is one attempt at assessing the interdependent socioeconomic and environmental impacts of the lake restoration project over time, both quantitatively and qualitatively, so that various changes brought about by the project can be investigated and evaluated in two comparative stages for three points in time—before, during and after project implementation.