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          Volume 43, Number 02, June 1975 >

Please use this identifier to cite or link to this item: http://purl.umn.edu/9157

Title: AN ASSESSMENT OF THE ROLE OF INSURANCE AND STRUCTURAL MEASURES IN FLOOD MITIGATION PLANNING
Authors: Forsythe, G.A.
Issue Date: 1975-06
Abstract: There is no entirely satisfactory strategy to mitigate the risks associated with flooding. In Australia, reliance is usually placed on structural measures; however, an appraisal under different criteria highlights reasons for their inadequacy. Insurance is initially advocated as an alternative and appraised under similar criteria. It is shown to be a useful mitigation strategy, although somewhat limited in that it is merely a palliative to the flood problem. An alternative approach to flood mitigation is hypothesized which incorporates insurance as its base and utilizes other measures, particularly structural, where feasible. Such an approach is shown to effectively maximize the beneficial features of both insurance and structural measures. Problems relating to the workability of the scheme are subsequently analysed.
URI: http://purl.umn.edu/9157
Institution/Association: Review of Marketing and Agricultural Economics>Volume 43, Number 02, June 1975
Total Pages: 23
Language: English
From Page: 65
To Page: 87
Collections:Volume 43, Number 02, June 1975

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