Research Article
Apr 1978
Comparison of Tangibles and Intangibles
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VIEW THE REPLYAuthor: Ian G. WallisAuthor Affiliations
Publication: Journal of the Environmental Engineering Division
Volume 104, Issue 4
Abstract
Three techniques are described for comparing the tangible and intangible costs and benefits involved in environmental and water resources projects. The three techniques are: (1)Engineering judgment; (2)cost-benefit analysis; and (3)preference analysis. A game used in interviews to establish preferences is described and the interpretation of the results of the game is covered. Development and cautious use of preference analysis as part of the evaluation of tangible and intangible costs and benefits is recommended.
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Published In
Journal of the Environmental Engineering Division
Volume 104 • Issue 4 • April 1978
Pages: 625 - 637
Copyright
© 1978 American Society of Civil Engineers.
History
Published in print: Apr 1978
Published online: Feb 11, 2021
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Ian G. Wallis
Project Engr., Caldwell Connell Engrs., South Melbourne, Australia
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Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.