Kragt, Marit Ellen; Bennett, Jeffrey W.; Jakeman, Tony - Crawford School of Public Policy, Australian National … - 2010
Natural resource management (NRM) typically involves complex decisions that affect a variety of stakeholder values … native riparian vegetation; estimates of management costs; and non-market (intangible) values of changes in riparian … welfare effects. By estimating the marginal social costs and benefits, a cost-benefit analysis of alternative management …