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    Author(s): Elwood L. Schaffer; James B. Davis
    Date: 1988
    Source: Gen. Tech. Rep. INT-161. Fort Collins, CO: U.S. Department of Agriculture, Forest Service, Rocky Mountain Forest and Range Experiment Station: 138-144.
    Publication Series: General Technical Report (GTR)
    Station: Rocky Mountain Forest and Range Experiment Station
    PDF: Download Publication  (642.0 KB)

    Description

    A process is described for making comparative valuations of a wide range of environmental management activities when the combined social, economic, managerial, and political benefits of some (but not all) of these activities cannot be adequately described in economic terms, and budgetary constraints do not permit funding all activities under consideration. The process accounts for subjective judgment and contains a formal rigorous decision strategy that takes the place of intuition when quantitative and qualitative values of environmental activities need to be evaluated.

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    • This article was written and prepared by U.S. Government employees on official time, and is therefore in the public domain.

    Citation

    Schaffer, Elwood L.; Davis, James B. 1988. Using priced and unpriced values to make environmetal decisions. In: The 1988 symposium on systems analysis for forest resources: 1988 March 29-April 1; Pacific Grove, CA. Gen. Tech. Rep. INT-161. Fort Collins, CO: U.S. Department of Agriculture, Forest Service, Rocky Mountain Forest and Range Experiment Station: 138-144.

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