Moral Hazard vs. Land Scarcity : Flood Management Policies for the Real World
This paper investigates the costs and benefits of three ex ante flood management strategies -- risk-based insurance, zoning, and subsidized insurance -- in an urban economics framework that takes land scarcity into account. In a theoretical setting...
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Language: | English |
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World Bank, Washington, DC
2019
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Online Access: | http://documents.worldbank.org/curated/en/523861568387904704/Moral-Hazard-vs-Land-Scarcity-Flood-Management-Policies-for-the-Real-World http://hdl.handle.net/10986/32420 |