Cost Sharing for Shoreline Protection.
NATIONAL BUREAU OF STANDARDS WASHINGTON D C INST FOR APPLIED TECHNOLOGY
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The nations shorelines are being eroded by high winds and waves. Nonfederal interests have traditionally received federal help in the form of cost sharing for protective structures. The study provides the Army Corps of Engineers with an evaluation of alternative cost-sharing rules for shoreline protection with respect to efficiency, equity and administrative feasibility. Existing cost-sharing rules are described for hurricane, beach erosion, and emergency protection. The present cost-sharing system appears to induce local interests to choose costly techniques of protection, e.g., engineering rather than management techniques, and overbuilt projects in terms of the efficient scale. Modified author abstract
- Economics and Cost Analysis
- Civil Engineering