Business Depth-Damage Analysis Procedures
CORPS OF ENGINEERS FORT BELVOIR VA WATER RESOURCES SUPPORT CENTER
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This research is a comprehensive examination of business depth-damage analysis in the United States. Previous research on business depth damage is detailed, but limited to specific geographic areas within individual Corps of Engineer districts. This study describes and compares these efforts. It describes parameters that significantly affect depth-damage relationships and develops a framework for predicting incidence of business flood damages. Time, money and personnel constraints make flood damage surveys difficult for individual districts to conduct. This study is intended to help district economists by describing the process, comparing methods and contrasting the depth-damage function measurement criteria in use by various districts. The information in this report can be used to find sources that verify consistency and accuracy of damage functions and provide references for deriving mathematical functions. This report is primarily intended for economists responsible for the economic evaluation of flood control measures. The survey of procedures described here should broaden the choices for appropriate procedures for evaluating business depth-damage relationships. Planners and hydrologists should gain the knowledge and understanding of the process and considerations economists must make in establishing or choosing, and applying these relationships, which are central to estimating flood damage. Additional keywords flood control flood plains cost benefit analysis.
- Economics and Cost Analysis
- Civil Engineering