DECISION ANALYSIS FOR THE RIVER WALK EXPANSION IN SAN ANTONIO, TEXAS

The San Antonio River Walk is considered a unique tourist attraction as well as an urban rejuvenation catalyst for San Antonio, Texas. The River Walk expansion decision should not be evaluated merely on a benefit-cost ratio. It has become the recommendation of the Water Resources Council that intangible attributes such as recreational values and social impacts should be considered as well as tangible attributes such as cost. This prevailing attitude has highlighted the application of decision analysis techniques with multiattribute utility ratings. Decision analysis is a systematic solution procedure which can be used to crystallize a complicated decision problem into manageable subproblems by ranking the decision alternatives in accordance with cardinal utility values attached to their consequences. Recent advances in multiattributes utility theory allow a decision maker to weigh utility assessment over tangible and intangible attributes according to their relative importance. This insures that the intangible attributes will receive due consideration in the final decision-making. /HRIS/

• Corporate Authors:

  American Water Resources Association

  Mississippi River at 3rd Avenue, SE
  Minneapolis, MN  United States  55414
• Authors:
  • Dean, J H
  • Shih, C S
• Publication Date: 1975-4

Media Info

• Pagination: p. 237-244
• Serial:
  • Water Resources Bulletin
  • Volume: 11
  • Issue Number: 2
  • Publisher: American Water Resources Association

Subject/Index Terms

• TRT Terms: Benefit cost analysis; Costs; Decision making; Decision theory; Inland waterways; Recreation; Rivers; Social factors; Tourism; Urban development; Utility theory
• Subject Areas: Economics; Finance; Highways; Planning and Forecasting; Society;

Filing Info

• Accession Number: 00125506
• Record Type: Publication
• Files: TRIS
• Created Date: Dec 16 1975 12:00AM