An Economic Perspective on the Federal Flood Insurance Program
Leonard A. Shabam
No 284465, 1975 Annual Meeting, August 10-13, Columbus, Ohio from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Public policy toward flooding has focused upon minimizing flood damages, rather than correcting for market failures which can lead to non-optimal use of flood plain land. This focus makes the current federal flood insurance program a serious obstacle to finding the optimum use of flood plain land.
Keywords: Land; Economics/Use (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea75:284465
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