A step-by-step summary of an empirical time series analysis of the effects of a newly constructed dam on river flow rate is given. A model of river flow rate for the 522 weeks of data is built through the transfer function/intervention model development processes of Box-Jenkins/Box-Tiao....

In most policy analysis studies there are a large number of alternative policies and a large number of impacts to be considered. Time and budget constraints make it impossible to calculate all the impacts for all of the alternatives. As a result, such studies include some process for reducing...