ON THE OPTIMAL OUTPUT OF FLOOD PLAINS

A simple model is presented to demonstrate the point that allocative efficiency requires a suitable mix of flood-protection measures and this is not necessarily afforded by supplanting structural flood control measures with compulsory flood insurance schemes.


Issue Date:
1976-09
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/9154
Published in:
Review of Marketing and Agricultural Economics, Volume 44, Number 03
Page range:
114-118
Total Pages:
5




 Record created 2017-04-01, last modified 2017-08-23

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