Investing in Water Quality: Measuring Benefits, Costs and Risks

Clifford S. Russell, William J. Vaughan, Christopher Clark, Diego J. Rodríguez and Arthur H. Darling

No 297 in IDB Publications (Books) from Inter-American Development Bank

Abstract: Investing in Water Quality: Measuring Benefits, Costs and Risks, explores the methods and analytical tools available for making better investment decisions when our knowledge of the costs and benefits of water quality improvement is imprecise and the future is uncertain. The study demonstrates how water quality and economic analysis models can be integrated to measure the net benefits of improvement in ambient water quality, quantify the degree of project risk introduced by imperfect knowledge, and reach informed investment decisions that reflect local preferences. This is an indispensable guide for anyone working to reduce urban water pollution in developing countries.

Keywords: Cost-benefit analysis; ambient water quality; economic analysis models; urban water pollution; water quality models; benefit estimation; project risk analysis; random utility model; value added (search for similar items in EconPapers)
Date: 2001
ISBN: 193100305X
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Citations: View citations in EconPapers (1)

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