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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)

Abstract: 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)
Date: 1975-08
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