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Alternative economic evaluation procedures and water development projects: the multiple objective problem

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dc.creator Lynne, Gary D.
dc.creator Castle, Emery N.
dc.creator Gibbs, Christopher
dc.date.accessioned 2011-08-17T19:43:09Z
dc.date.available 2011-08-17T19:43:09Z
dc.date.issued 1973-02-01
dc.identifier.uri http://hdl.handle.net/1957/22697
dc.description.abstract Alternative Economic Evaluation Procedures and Water Development Projects. The Multiple Objective Problem The relationship among varying social objectives is of paramount importance with regard to evaluation and cost allocation processes in water resource use, development, and management projects. This study examines the philosophical and ethical base underlying proposed procedures for dealing with the multiple objective problem. The specific objectives of the study were (1) to account for the evolution of the multiple objective function, (2) to identify the relationships among objectives in water resource development, and (3) to identify the effect of relationships among objectives on the ultimate value of the trade-off ratio as well as the calculation process. Several legislative documents relating to public intervention in water resource development were reviewed in an attempt at accounting for the evolution of the multiple objective function, and at identifying the relationships among objectives. It was concluded that the multiple objective function was prevalent even in early legislation. Only the elements of the function have changed over time. The relationships among objectives, however, have not been made explicit. A tentative framework is presented which provides insight into the effects of various types of relationships on the ultimate value of the trade-off ratio and the trade-off calculation process. Decision rules and techniques involving trade-offs will have to be quite sophisticated, given interdependent relationships among objectives. en_US
dc.language.iso en_US en_US
dc.publisher Corvallis, Or. : Dept. of Agricultural Economics, Oregon State University en_US
dc.subject.lcsh Water resources development -- Economic aspects en_US
dc.title Alternative economic evaluation procedures and water development projects: the multiple objective problem en_US
dc.type Technical Report en_US
dc.description.digitization File scanned at 300 ppi (Monochrome) using ScandAll PRO 1.8.1 on a Fi-6670 in PDF format. CVista PdfCompressor 4.0 was used for pdf compression and textual OCR. en_US
dc.description.peerreview yes en_US


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