Cost Effectiveness and Incremental Cost Analyses for Environmental Planning

by William Hansen,
Kenneth Orth,
Ridgley Robinson,



Document Type: Proceeding Paper

Part of: North American Water and Environment Congress & Destructive Water

Abstract:

The objective of this paper is to present an approach for evaluating alternative plans for environmental restoration and mitigation. After discussing problems that currently preclude the use of benefit-cost analysis for such evaluation, the analytical approaches of cost effectiveness and incremental cost analyses will be presented; including discussion of data requirements and application, as well as guidelines for interpreting the results to inform decision making. A list of available resources, including instructional manuals and software, is also provided.

Subject Headings: Benefit cost ratios | Data analysis | Mitigation and remediation | Ecological restoration | Decision making | Computer software

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