VI PREFACE 



John Krutilla is responsible for the outline and general content 

 of the study and primarily responsible for Chapters I through III 

 and Chapters V through IX. Otto Eckstein is principally respon- 

 sible for Chapter IV, prepared during the summer of 1956 while 

 he was a temporary member of the staff of Resources for the 

 Future. He has also provided helpful comments and assistance on 

 much of the remainder of the manuscript. 



The study owes much to Edward A. Ackerman, under whose 

 general direction it was undertaken; to other colleagues in 

 Resources for the Future, principally Irving Fox, Paul Cootner, 

 Henry Jarrett, and Marion Clawson; and to former colleagues and 

 friends of the principal author, John M. Peterson, Rufus B. Hughes, 

 and Vernon Ruttan, for their review and many perceptive comments 

 on an earlier draft of the manuscript. Acknowledgment is also due 

 Professor Arthur Smithies and Professor James Duesenberry for 

 their comments on an earlier draft of Chapter IV. 



We are giateful, too, for the assistance of the Project Planning 

 Branch of Tennessee Valley Authority, the Bonneville Power 

 Administration, and the Bureau of Reclamation in connection with 

 material included in Chapter III; to the U. S. Corps of Engineers, 

 the Federal Power Commission, and the Alabama Power Company 

 in connection with material presented in Chapter VI; and to the 

 U. S. Corps of Engineers for the material on which the illustrations 

 in Chapters V through VII were based. For these illustrations as 

 well as the preparation of all the graphical material we are 

 indebted to Miss Clare M. O'Gorman. 



Finally, a large measure of gratitude is due Miss Mildred Murphy 

 and Mrs. Nina Brown of the Office of Public Reference, Federal 

 Power Commission, for their cheerful co-operation in providing 

 materials from the public record on the projects serving as cases 

 for study in this volume. 



Needless to say, while assistance has been rendered by numerous 

 individuals and organizations, the responsibility for the material 

 included and the conclusions remains exclusively with the authors. 



J. V. K. 

 O. E. 



