Integrating Market Solutions into Government Flood Control Policies

Donald Agthe, R. Billings and Simon Ince

Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), 2000, vol. 14, issue 4, 247-256

Abstract: Potentially useful market solutions to minimize flood damageinclude purchase of space in existing reservoirs, purchase offlooding rights from farmers and other land owners, and privately produced levees to protect housing and commercialdevelopment. These private solutions are often limited by risk considerations, free riders, and the transactions costsassociated with large groups, necessitating public sector provision of flood control measures. Thus, most market participants will be public entities. Copyright Kluwer Academic Publishers 2000

Keywords: flood control economics; flood control markets for dams; flood control markets for levees; markets for flooding rights; privatization of flood control (search for similar items in EconPapers)
Date: 2000
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DOI: 10.1023/A:1008133825980

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