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.

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Year of publication:	1976
Authors:	Aislabie, Colin
Published in:	Review of Marketing and Agricultural Economics. - Australian Agricultural and Resource Economics Society - AARES. - Vol. 44.1976, 03
Publisher:	Australian Agricultural and Resource Economics Society - AARES
Subject:	Resource /Energy Economics and Policy

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005327585