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