Environmental Economics

Evaluation of Decision Models for Environmental Management, Volume IX of Methods Development for Environmental Control Benefits Assessments

The report centers on how the Environmental Protection Agency can use decision models for environmental management with a focus on those that allow for the consideration of all tradeoffs. Section 2 contains some abstract discussion of models and a survey of some candidate models for environmental policy. Section 3 describes more fully three models that are thought to have potential for environmental management. The theoretical foundations and operational linkages of these models to the environmental problem are described. Section 4 concludes with remarks about the interrelationships among the recommended models, the information requirements of each, the satisfaction of model criteria by each and the areas thought promising for future research.