Moral Hazard vs. Land Scarcity : Flood Management Policies for the Real World

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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Bibliographic Details
Main Authors: Avner, Paolo, Hallegatte, Stephane
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
URBAN ECONOMICS
URBAN FLOODS
INSURANCE
LAND USE
MORAL HAZARD
LAND SCARCITY
RISK MANAGEMENT
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

Internet

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

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