Agricultural Flood Damage Assessment: A Review and Investigation of a Simulation Method

This paper reviews current methods of estimating agricultural flood damage and proposes a model which is flexible for use in resource allocation problems and is amenable to computer application. The inherent variability of the damage process itself suggests the use of probability measures, and to demonstrate the use of the assessment model, range estimates sampled under rectangular probability assumptions are used to simulate variability. While the problem of unreliable basic data remains, it can be explicitly recognized by variance estimates.


Issue Date:
1970-09
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/9567
Published in:
Review of Marketing and Agricultural Economics, Volume 38, Number 03
Page range:
105-120
Total Pages:
16




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

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