Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
6333732 | Science of The Total Environment | 2012 | 13 Pages |
Abstract
⺠Flood risks are modeled as unidirectional externalities of floodplain development. ⺠The model is calibrated by various types of economic, hydrological, landcover data. ⺠The social optimal size of developed floodplains is smaller than the private one. ⺠Price-based instruments can lead to outcomes much closer to the social optimum. ⺠Price-based instruments are robust to uncertainties of model measurement errors.
Keywords
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Authors
Koichiro Mori, Charles Perrings,