Water Resources Update
Universities Council on Water Resources
Issue No. 96: Summer, 1994
Environmental Evaluation and Decision Making
Table of Contents
Foreword ___________________________________________________________________2
Environmental Evaluation and Decision Making ___________________________________7
Conceptually Sound and Operational Methods for Environmental Valuation
by James P. Heaney ____________________________________________________7
Issues in the Valuation of Environmental Resources: A Perspective from the
Psychology of Decision Making by David A. Schkade _______________________ 32
Environmental Restoration in the Army Corps of Engineers:
Planning and Valuation Challenges by Leonard Shabman ____________________45
Evaluation of Restoration Projects: Are There Elements of Projects that Existing
Analytic Tools Do Not Describe? How Should These Elements Be Included in
Project Evaluation? by Daniel E. Willard __________________________________57
Evaluation & Decision Making in the Context of Environmental Restoration
by Clifford S. Russell __________________________________________________ 67