Evaluating the intangible benefits and costs of a flood alleviation proposal.
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TextLanguage: ENG Publication details: 1986Description: 19p., 9 tables, 5 figs, 44 refsSubject: Addresses the issue of benefit-cost analysis in the light of intangible impacts of flood and flood alleviation schemes. The authors believe that there are intangible impacts which ought not, or cannot be evaluated, and those which can, and should be. It is argued that the limitations of benefit-cost analysis mean that some impacts of floods and flood alleviation schemes are quantifiable in the context of an economic efficiency benefit-cost analysis. Other impacts are left as intangibles because of the current technical limitations of that analysis.
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Australian Emergency Management Library | BOOK | 368.122 GRE (Browse shelf(Opens below)) | Available | 005280326 |
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Reprinted from Journal of the Institution of Water Engineers and Scientists; 1986; Vol 40 No 3; pp229-248
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Addresses the issue of benefit-cost analysis in the light of intangible impacts of flood and flood alleviation schemes. The authors believe that there are intangible impacts which ought not, or cannot be evaluated, and those which can, and should be. It is argued that the limitations of benefit-cost analysis mean that some impacts of floods and flood alleviation schemes are quantifiable in the context of an economic efficiency benefit-cost analysis. Other impacts are left as intangibles because of the current technical limitations of that analysis.
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