Investing in Water Quality: Measuring Benefits, Costs and Risks
Russell, Clifford S.; Vaughan, William J.; Clark, Christopher D.; Rodríguez, Diego J.; Darling, Arthur H.
Investing in Water Quality: Measuring Benefits, Costs and Risks, explores the methods and analytical tools available for making better investment decisions when our knowledge of the costs and benefits of water quality improvement is imprecise and the future is uncertain. The study demonstrates how water quality and economic analysis models can be integrated to measure the net benefits of improvement in ambient water quality, quantify the degree of project risk introduced by imperfect knowledge, and reach informed investment decisions that reflect local preferences. This is an indispensable guide for anyone working to reduce urban water pollution in developing countries.