Abstract Regardless of the resource management problem being addressed, there are some general procedural steps that can be followed in evaluating alternative management practices. These main aspects or procedural steps in management decisions are as follows:
The relevance of these general procedural steps can be illustrated in the economic analysis of a proposed riparian management practice. The economic evaluation of a management practice is always based upon some stated objectives and assumptions. Furthermore, the economic analysis requires that accurate technical information is available on the management practice being considered and the physical response associated with that practice. At this point, the cost of the management technique and the value of the associated response must be determined. Since long periods of time are usually involved, these values are generally expressed in terms of present value.
Finally, the alternative management techniques being considered must be compared. Thus, the economic analysis requires that the general procedural steps be completed. In completing these steps, any major weaknesses in the proposed practice should be pointed out to both the researcher and decision-maker for possible further consideration. Following this general procedure should help in providing the information needed to improve riparian management decisions.
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