This book applies the principles of cost-benefit analysis, an international program in which an equitable division of costs and gains was an aim, along with economies of coordinated development. Originally published in 1967.
This book sketches out a framework for analyzing the economic efficiency of particular river basin programs. It provides a useful cross-disciplinary perspective for economists and water resource developers-especially designed to provide working material for students in applied economics for conservation curricula. Originally published in 1958.
In this pioneering study, Krutilla and Fisher put the amenity resources of natural environments into an analytical framework comparable to that for the extractive resources. The models and theoretical background of their techniques are illustrated by case studies which include the controversial Hells Canyon dam, the Mineral King ski resort, and the Trans-Alaska pipeline. The authors point out that resource development activities undertaken on public lands often receive financial advantages---preferential tax treatment, subsidized capital, and access to public resources---that are not taken into account in the costs of the project. True evaluation of the costs and benefits of a development project often tips the balance in favor of preserving an area in a natural state.
First Published in 2011. This is Volume 10 of in a set of ten titles on Resources for the Future Library Collection Forests, Lands and Recreation. The research on which this monograph is based was stimulated by some ideas presented in George Stankey's A Strategy for the Definition and Management of Wilderness Quality and the conceptual model presented in a paper by Anthony Fisher and John Krutilla entitled, Determination of Optimal Capacity of Resource-Based Recreation Facilities. This study explores in an effort to develop operational means of determining optimal capacity of intended low-density recreation facilities was ( 1 ) to establish the empirical relation between the benefits enjoyed during a wilderness outing as a function, among other things, of the number of other parties encountered, and (2) a means of estimating the expected frequency of encounters as a function of the intensity of use of any wilderness area.
This study represents the first scholarly attempt to consider the difficult allocation problems associated with management of natural resources and proposed changes in the natural environment. Originally published in 1973
In this book, Bowes and Krutilla bring together what is known and relevant about valuing the nonmarket services of the public forests and propose a new theoretical framework that allows multiple uses, the biological dynamics of the forest, and the institutional and economic realities of public forest management to be taken into account in forest planning and budgeting. The authors begin by tracing the development of multiple use in forest management and by exploring the multiple uses of the public forests and the economics of multiple-use forestry. They offer a masterful analysis of the nineteenth-century model of the single timber stand on which much forestry practice has been premised. Bowes and Krutilla then take a giant step forward by developing a larger theoretical framework and showing how forest structure and dynamics can be included in the economic model. The authors' rigorous exposition theory provides the foundation for analyzing case studies of management for timber and water yields in the Rockies, of recreation valuation in the Black Hills and White Mountain national forests, and of joint production in the White Clouds Peaks --- analyses that demonstrate the authors' great skill in developing practical methodologies to meet actual forest management problems.
Economic research study of the problems of transportation planning - covers investment planning and priceing strategies, cost benefit analysis, the use of models to forecast the demand for transportation, etc., and develops a systematic decision making procedure for project evaluation which takes account of both social and economic considerations. Bibliography pp. 317 to 336 and statistical tables.
Collection of conference papers examining the effects of public service employment programmes and state aid for wages subsidies for the private sector on employment creation policies in the USA - discusses consequences of employment policies to combat inflation and unemployment (incl. Structural unemployment) and considers work relief programmes of the economic recession of the 1930's, the social employment programme of the Netherlands and the economic efficiency of programmes in general, etc. Graphs and statistical tables. Conference held in Washington 1977 April 7 and 8.
The full effects of decisions made today about many environmental policies -including climate change and nuclear waste- will not be felt for many years. For issues with long-term ramifications, analysts often employ discount rates to compare present and future costs and benefits. This is reasonable, and discounting has become a procedure that raises few objections. But are the methods appropriate for measuring costs and benefits for decisions that will have impacts 20 to 30 years from now the right ones to employ for a future that lies 200 to 300 years in the future? This landmark book argues that methods reasonable for measuring gains and losses for a generation into the future may not be appropriate when applied to a longer span of time. Paul Portney and John Weyant have assembled some of the world's foremost economists to reconsider the purpose, ethical implications, and application of discounting in light of recent research and current policy concerns. These experts note reasons why conventional calculations involved in discounting are undermined when considering costs and benefits in the distant future, including uncertainty about the values and preferences of future generations, and uncertainties about available technologies. Rather than simply disassemble current methodologies, the contributors examine innovations that will make discounting a more compelling tool for policy choices that influence the distant future. They discuss the combination of a high shout-term with a low long-term diescount rate, explore discounting according to more than one set of anticipated preferences for the future, and outline alternatives involving simultaneous consideration of valuation, discounting and political acceptability.
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