The Economic Effects of Floods: Investigations of a Stochastic Model of Rational Investment Behavior in the Face of Floods J. Author
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The Economic Effects of Floods (1972)
ISBN: 9783540059257 bzw. 3540059253, in Deutsch, Springer Jul 1972, Taschenbuch, neu, Nachdruck.
This item is printed on demand - Print on Demand Titel. Neuware - There is by now a large literature on the economic aspects of flood control and flood relief policies. The contribution of this paper lies in its careful scrutiny of one single critical aspect of the economics of floods, the choice of land use by a single land owner. We analyze that choice using the methods of dynamic programming, and in particular, we show how that choice is dependent on the probability of floods for his piece of land. The theory we have developed here has been developed in the context of floods. In fact, this work grew out of an empirical study of flood plain damages, when we found that the underlying theory was not yet developed.! In fact, we feel that the theory is of much more general interest. It is a theory of optimal investment choice under uncertainty when that uncertainty is a result of destruction or failure of the investment at a random date. This is the case in flood plains, but it is also the appropriate basic theory for understanding investment decisions in the face of earthquakes, fires, war damage, avalanches, and other kinds of disasters. These are only the more dramatic examples of situations where replacement is required at an uncertain date. 90 pp. Englisch.
The Economic Effects of Floods: Investigations of a Stochastic Model of Rational Investment Behavior in the Face of Floods (Paperback) (1972)
ISBN: 9783540059257 bzw. 3540059253, in Deutsch, Springer-Verlag Berlin and Heidelberg GmbH Co. KG, Germany, Taschenbuch, neu, Nachdruck.
Von Händler/Antiquariat, The Book Depository EURO [60485773], London, United Kingdom.
Language: English Brand New Book ***** Print on Demand *****.There is by now a large literature on the economic aspects of flood control and flood relief policies. The contribution of this paper lies in its careful scrutiny of one single critical aspect of the economics of floods, the choice of land use by a single land- owner. We analyze that choice using the methods of dynamic programming, and in particular, we show how that choice is dependent on the probability of floods for his piece of land. The theory we have developed here has been developed in the context of floods. In fact, this work grew out of an empirical study of flood plain damages, when we found that the underlying theory was not yet developed.! In fact, we feel that the theory is of much more general interest. It is a theory of optimal investment choice under uncertainty when that uncertainty is a result of destruction or failure of the investment at a random date. This is the case in flood plains, but it is also the appropriate basic theory for understanding investment decisions in the face of earthquakes, fires, war damage, avalanches, and other kinds of disasters. These are only the more dramatic examples of situations where replacement is required at an uncertain date.
The Economic Effects of Floods
ISBN: 9783540059257 bzw. 3540059253, vermutlich in Englisch, Springer Shop, Taschenbuch, neu.
There is by now a large literature on the economic aspects of flood control and flood relief policies. The contribution of this paper lies in its careful scrutiny of one single critical aspect of the economics of floods, the choice of land use by a single land owner. We analyze that choice using the methods of dynamic programming, and in particular, we show how that choice is dependent on the probability of floods for his piece of land. The theory we have developed here has been developed in the context of floods. In fact, this work grew out of an empirical study of flood plain damages, when we found that the underlying theory was not yet developed.! In fact, we feel that the theory is of much more general interest. It is a theory of optimal investment choice under uncertainty when that uncertainty is a result of destruction or failure of the investment at a random date. This is the case in flood plains, but it is also the appropriate basic theory for understanding investment decisions in the face of earthquakes, fires, war damage, avalanches, and other kinds of disasters. These are only the more dramatic examples of situations where replacement is required at an uncertain date. Soft cover.
The Economic Effects of Floods: Investigations of a Stochastic Model of Rational Investment Behavior in the Face of Floods J. P. Brown Author
ISBN: 9783540059257 bzw. 3540059253, vermutlich in Englisch, Springer Berlin Heidelberg, Taschenbuch, neu.
There is by now a large literature on the economic aspects of flood control and flood relief policies. The contribution of this paper lies in its careful scrutiny of one single critical aspect of the economics of floods, the choice of land use by a single land owner. We analyze that choice using the methods of dynamic programming, and in particular, we show how that choice is dependent on the probability of floods for his piece of land. The theory we have developed here has been developed in the context of floods. In fact, this work grew out of an empirical study of flood plain damages, when we found that the underlying theory was not yet developed.! In fact, we feel that the theory is of much more general interest. It is a theory of optimal investment choice under uncertainty when that uncertainty is a result of destruction or failure of the investment at a random date. This is the case in flood plains, but it is also the appropriate basic theory for understanding investment decisions in the face of earthquakes, fires, war damage, avalanches, and other kinds of disasters. These are only the more dramatic examples of situations where replacement is required at an uncertain date.
| The Economic Effects of Floods | Springer | 1972
ISBN: 9783540059257 bzw. 3540059253, vermutlich in Englisch, Springer, neu.
The economic effects of floods. Investigations of a stochastic model of rational investment. Behavior in the face of floods. Lecture notes in economics and mathematical systems Band 70
ISBN: 3540059253 bzw. 9783540059257, Band: 70, in Deutsch, Berlin, Springer, 1972. gebraucht.
Von Händler/Antiquariat, Antiquariat Mehlig, [2255].
Die Beschreibung dieses Angebotes ist von geringer Qualität oder in einer Fremdsprache. Trotzdem anzeigen
The Economic Effects of Floods
ISBN: 9783540059257 bzw. 3540059253, in Deutsch, Springer Science+Business Media, neu.
Die Beschreibung dieses Angebotes ist von geringer Qualität oder in einer Fremdsprache. Trotzdem anzeigen
The Economic Effects of Floods
ISBN: 9783540059257 bzw. 3540059253, in Deutsch, Springer Nature, neu.
Die Beschreibung dieses Angebotes ist von geringer Qualität oder in einer Fremdsprache. Trotzdem anzeigen