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Sediment Damage and Farm Production Costs: A Multiple-Objective Analysis

Author

Listed:
  • Miranowski, John
  • Boggess, W.
  • Alt, K.
  • Heady, E.

Abstract

When considering many environmental problems, society is faced with decisions involving multiple objectives and with problems in valuing environmental impacts. This study illustrates a multiple goal approach applicable to land and water resource project evaluations. The approach explicitly confronts the problem of valuing the environmental impacts of sediment and determines the implications of placing alternative relative weights on the components of the objective function. The results quantify the tradeoffs between production cost and sediment damage.

Suggested Citation

  • Miranowski, John & Boggess, W. & Alt, K. & Heady, E., 1980. "Sediment Damage and Farm Production Costs: A Multiple-Objective Analysis," Staff General Research Papers Archive 10721, Iowa State University, Department of Economics.
  • Handle: RePEc:isu:genres:10721
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    Cited by:

    1. Kozloff, Keith, 1990. "An Evaluation Of Options For Micro-Targeting Acquisition Of Cropping Rights To Reduce Nonpoint Source Water Pollution," Staff Papers 13610, University of Minnesota, Department of Applied Economics.
    2. Hayashi, Kiyotada, 2000. "Multicriteria analysis for agricultural resource management: A critical survey and future perspectives," European Journal of Operational Research, Elsevier, vol. 122(2), pages 486-500, April.
    3. Monson, Michael James, 1982. "Optimal soil management over time," ISU General Staff Papers 1982010108000018040, Iowa State University, Department of Economics.
    4. Fox, Glenn & Weersink, Alfons & Sarwar, Ghulam & Duff, Scott & Deen, Bill, 1991. "Comparative Economics Of Alternative Agricultural Production Systems: A Review," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 20(1), pages 1-19, April.

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