Accession Number:

AD0689513

Title:

ESTABLISHING PRIORITIES FOR PUBLIC INVESTMENTS.

Descriptive Note:

Interim rept.,

Corporate Author:

OFFICE OF THE SECRETARY OF THE ARMY WASHINGTON D C SYSTEMS ANALYSIS GROUP (CIVIL FUNCTIONS)

Personal Author(s):

Report Date:

1969-06-01

Pagination or Media Count:

25.0

Abstract:

The central theme of the paper is that value judgments are implicit in the criteria used for the measurement of the benefits and costs associated with a proposed investment and that conventional benefit-cost ratios tend to conceal these opinions. A methodology is presented which highlights for any proposed investment its contribution to the well-being of some groups, its detrimental effects on other groups and an alternative use of the same resources. A general description of each procedure is followed by a detailed illustration of its role in evaluating water resource projects. Author

Subject Categories:

  • Administration and Management

Distribution Statement:

APPROVED FOR PUBLIC RELEASE