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FLOOD MANAGEMENT: WHO BENEFITS AND WHO PAYS1
Authors:John H Foster
Abstract:ABSTRACT: The distribution of costs and benefits among groups in society of alternative flood management actions is examined in terms of their final incidence or resting place-their influence on real estate values. The alternatives examined include structures, disaster relief, floodproofing, watershed land treatment, floodplain zoning, and flood insurance. The impact of each alternative on the amount of flood disability cost paid by the landowner is examined and variations among alternatives are used to explain the past political success of structures and relief as compared to zoning, floodproofing, and insurance.
Keywords:flood management  cost  benefit distribution
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