Additional Comments on Cost-Benefit Analysis of Water Use Restrictions
Water Supply and Management, Vol. 4, Nos. 4/5, 1980
2 Pages Posted: 7 Apr 2013
Date Written: 1980
The method used to ration a project's output determines who obtains it, and therefore, the valuation that is placed on it. Hence, when we conduct cost-benefit studies, we must consider simultaneously the way in which a project's benefits are measured and the method used to ration a project's output.
Keywords: Steve, Hanke, Cost, Benefit, Analysis, Water, Use, Restrictions, Supply, Management, Output, Valuation
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