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Clark, W.C. & Bell, D.E. (1976). Intertemporal Indicator Evaluation: A Preliminary Note on Problems for Evaluating Time Stream Data for Environmental Policy Analysis. IIASA Working Paper. IIASA, Laxenburg, Austria: WP-76-006
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Abstract
Assumptions regarding the aggregation of time stream data (e.g. "discounting") are crucial in the evaluation of regional development proposals and the assessment of environmental impacts. Nonetheless, present practice reflects a great deal of confusion, ambiguity, caprice, and downright error in the calculation and implementation of such assumptions. We present in this paper the outlines of an approach to inter-temporal indicator evaluation for use in the analysis of regional development alternatives. Our ultimate objective is pragmatic: We wish to develop a practical framework for the reduction and comparison of time stream data for evaluation of public programs and policies. As a foundation for this approach, however, it has been necessary critically to review the existing controversy on intertemporal aggregation in a public policy context, and to clarify the practical implications of the, points at issue. Three interrelated themes pervade this review and provide a conceptual focus for the work.
| Item Type: | Monograph (IIASA Working Paper) |
|---|---|
| Research Programs: | Resources and Environment Area (REN) System and Decision Sciences - Core (SDS) |
| Depositing User: | IIASA Import |
| Date Deposited: | 15 Jan 2016 01:43 |
| Last Modified: | 27 Aug 2021 17:08 |
| URI: | https://pure.iiasa.ac.at/574 |
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