Main Title |
Economic Basis for Water Resources Analysis. |
Author |
Whipple, J, William ;
|
CORP Author |
Rutgers - the State Univ., New Brunswick, N.J. Water Resources Research Inst. |
Year Published |
1968 |
Report Number |
OWRR-A-014-N.J.; 00936,; A-014-N.J.(2) |
Stock Number |
PB-203 346 |
Additional Subjects |
( Water resources ;
Economic analysis) ;
( Government policies ;
Water resources) ;
( Flood control ;
Economic analysis) ;
( Water pollution ;
Economic analysis) ;
( Benefit cost analysis ;
Government policies) ;
Stochastic processes ;
Decision making ;
Taxes ;
Hydroelectric power generation ;
Cost estimates ;
Substitutes ;
Management planning ;
Water quality ;
Water pollution control
|
Holdings |
Library |
Call Number |
Additional Info |
Location |
Last Modified |
Checkout Status |
NTIS |
PB-203 346 |
Some EPA libraries have a fiche copy filed under the call number shown. |
|
07/26/2022 |
|
Collation |
128p |
Abstract |
The work provides improved economic principles and methodology for water resources planning. A basic utility objective function is proposed, which can be quantified except for special cases where income redistribution is relevant. A stochastic approach is developed to provide a quantitative utility function of uncertainty, based upon social valuation of risk inferred from insurance and other fields. The analysis of risk and theory of opportunity costs is used to derive an approach to government discount rate, and to consideration of taxation in comparisons of projects with alternatives. In the field of hydroelectric power, it is shown that these principles will approximately halve traditional benefit-cost ratios. A special study of flood control provides a new approach to the optimal degree of protection, and to flood plain management, through consideration of project-induced investment in flood hazard areas. Essential principles are given for an economic evaluation of the benefits of pollution control and a method for optimizing planning including water quality objectives. (Author) |
NTIS Title Notes |
Final rept.. |
PUB Date Free Form |
Jun 68, |
Category Codes |
5C; 13B; 52I; 56F; 65B |
NTIS Prices |
PC A07 MF A01 |
Document Type |
NT |
Cataloging Source |
NTIS/MT |
Control Number |
326521786 |
Origin |
NTIS |
Type |
CAT |