Evaluating Water Projects

Cost-Benefit Analysis Versus Win-Win Approach

  • Per-Olov Johansson
  • Bengt Kriström

Part of the SpringerBriefs in Economics book series (BRIEFSECONOMICS)

Table of contents

  1. Front Matter
    Pages i-viii
  2. Per-Olov Johansson, Bengt Kriström
    Pages 1-10
  3. Per-Olov Johansson, Bengt Kriström
    Pages 11-33
  4. Per-Olov Johansson, Bengt Kriström
    Pages 35-47
  5. Per-Olov Johansson, Bengt Kriström
    Pages 49-54
  6. Back Matter
    Pages 55-67

About this book


Should more water be diverted to or from electricity generation? This timely question is addressed in this short volume. Two different approaches are introduced and compared:
The first is a cost-benefit analysis, examining the case of re-regulating a Swedish hydropower plant in which water is diverted from electricity generation to the downstream dryway. The proposed scenario generates environmental and other benefits, but comes at a cost in terms of lost electricity.
The second study introduces an approach very different from the one used in conventional cost-benefit analysis, and provides a set of measures designed so that most, if not all, affected parties will be better off. Thus, in contrast to a conventional cost-benefit analysis, which draws on hypothetical compensation measures, the new approach envisages actual compensation.
Comparing two different theoretical frameworks on the basis of a real-world case, this study can be seen as a manual that can be used to evaluate reasonably small re-regulation of rivers.


Electricity Generation General Equilibrium Theory Water Use Conflict

Authors and affiliations

  • Per-Olov Johansson
    • 1
  • Bengt Kriström
    • 2
  1. 1., Department of EconomicsStockholm School of EconomicsStockholmSweden
  2. 2., Centre for Environmental andSLUUmeåSweden

Bibliographic information

  • DOI
  • Copyright Information The Author(s) 2013
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Business and Economics
  • Print ISBN 978-3-642-36789-2
  • Online ISBN 978-3-642-36790-8
  • Series Print ISSN 2191-5504
  • Series Online ISSN 2191-5512
  • Buy this book on publisher's site
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Finance, Business & Banking