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
Descriptors:
Subject Categories:
- Administration and Management