THE NATURE OF FLOOD CONTROL BENEFITS AND THE ECONOMICS OF FLOOD PROTECTION
STANFORD UNIV CA INST FOR MATHEMATICALSTUDIES IN THE SOCIAL SCIENCES
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The paper deals with the problem of assessing the benefits from various types of flood protection. The first chapter contains a discussion of the nature of the benefits from flood protection and relates the various types of benefits to five different measures for coping with flood losses. The second chapter develops a theory of land use as it relates to the structure of rents. This theoretical framework is used in Chapter 3 to develop the proper measure of benefits from land enhancement. The final chapter deals with the effects of alternative programs of insurance on the cost of risk-bearing associated with flooding.
- Economics and Cost Analysis
- Hydrology, Limnology and Potamology