Framework for Estimating National Economic Development Benefits and Other Beneficial Effects of Flood Warning and Preparedness Systems
ARMY ENGINEER INST FOR WATER RESOURCES ALEXANDRIA VA
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Methods for estimating benefits to flood damage reduction measures are well established. There are, however, contexts in which the estimation of benefits are more difficult. Estimating benefits of flood warning and preparedness alternatives in one of the more problematic contexts the Corps planners face. The National Economic Development Procedures Manual-Urban Flood Damage prepared by the Institute for Water Resources in March 1988, presents a thorough documentation of flood damage reduction benefit estimating procedures. Chapter IX of the manual provides an introduction to the evaluation of flood warning and preparedness system benefits. The purposes of this report are to present a conceptual framework for planners to evaluate benefits accruing to flood warning and preparedness alternatives and to demonstrate methods suitable for estimating these benefits under a variety of planning circumstances.
- Economics and Cost Analysis
- Civil Engineering