The economic effects of floods : investigations of a Stochastic model of rational investment, behavior in the face of floods

1. Introduction.- Outline of the Study.- 2. Background and Assumptions.- The Landowner or Investor.- The Description of Available Activities.- The Choice of Replacement Date.- The Effect of Floods.- The Probability of Floods.- 3. The Choice of the Optimal Activity.- 4. The Optimal Replacement Policy.- 5. When Flood Probabilities are Unknown: The Bayesian Approach.- Incomplete Information about u.- The Description of Beliefs and of Learning.- The Simple Case: Investment Contracts can only be Made After Floods.- An Intermediate Case.- The Case where Replacement is Possible at any Time.- 6. Flood Control and Relief Measures: An Elementary View.- The Definition of Flood Damage.- Dams, Levees, and Other Flood Protection Works.- Flood Insurance.- Flood Relief.- Flood Plain Zoning.- 7. Computer Simulation of Investment Behavior in a Flood Plain.- Appendix FORTRAN Computer Program.

著者

Brown, P. J.、Brown John P.

出版社

Springer-Verlag

発売日

1972年1月発売

価格

価格未定（税込・書誌情報提供：openBD）

ISBN

9783540059257

発売済み