The Economic Effects of Floods Investigations of a Stochastic Model of Rational Investment Behavior in the Face of Floods / by J. P. Brown.

There is by now a large literature on the economic aspects of flood control and flood relief policies. The contribution of this paper lies in its careful scrutiny of one single critical aspect of the economics of floods, the choice of land use by a single land­ owner. We analyze that choice using th...

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Bibliographic Details
Main Author: Brown, J. P. (Author)
Corporate Author: SpringerLink (Online service)
Format: eBook
Language:English
Published: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer, 1972.
Edition:1st ed. 1972.
Series:Lecture Notes in Economics and Mathematical Systems, 70
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