Impacts of management decisions.

Date

1991

Authors

Jordan, W.R.
Jensen, R.W.

Journal Title

Journal ISSN

Volume Title

Publisher

Texas Water Development Board and Texas Water Resources Institute

Abstract

Impacts of management decisions can be broadly classified into three categories: economic costs and benefits; societal goals; and risks. Research provides the general framework for economic analysis as well as site-specific data. Societal goals establish the broad context for economic analyses, but also provide a basis for change as needs of society change. Risks associated with management decisions are often poorly understood. While risk of monetary loss can be calculated, impacts of decisions on human health and biological integrity of natural ecosystems are extremely difficult to incorporate into the decision making process.

Description

p. 39-47.

Keywords

water resources, water management, economic analysis, environmental impact

Citation