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Analytical Methods and Approaches for Water Resources Project Planning (2004) / Chapter Skim
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Appendix D: Analysis of Nonstructural Flood Damage Reduction
Pages 136-137

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From page 136...
... = $3.5. Evacuation looks unfavorable because it removes $8 in developed property value (after capitalizing in the expected damages)
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From page 137...
... In this case, the private market would leave the land undeveloped unless the flood protection project subsidizes its development The Corps' methods are supposed to be future-oriented and to adjust for value distortions due to policies or other factors. This is often very difficult to do.
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Key Terms

  • flood protection
  • nonstructural flood
  • flood damage
  • economic position
  • flooding remains

  • agricultural subsidies
  • flood mitigation
  • property value
  • private market
  • permanent evacuation

  • local utilities
  • expected flood
  • floodplain permanent
  • peculiar economic
  • structure adjusted

  • developed property
  • value distortions
  • protection project
  • looks unfavorable
  • distortions due

  • water resources
  • damages mitigated
  • project subsidizes
  • fort belvoir
  • flood damages

  • compensation subsidies
  • expected damages
  • alternative approach
  • undeveloped unless
  • evacuated land


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