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The Coastal Construction Control Line: A Cost‐Benefit Analysis
Author(s) -
Belloit Jerry D.,
Smith Halbert C.
Publication year - 1981
Publication title -
real estate economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.064
H-Index - 61
eISSN - 1540-6229
pISSN - 1080-8620
DOI - 10.1111/1540-6229.00249
Subject(s) - cost reduction , control (management) , cost analysis , line (geometry) , cost control , cost–benefit analysis , reduction (mathematics) , storm , operations research , environmental resource management , computer science , environmental science , operations management , business , risk analysis (engineering) , economics , geography , engineering , meteorology , mathematics , ecology , geometry , marketing , artificial intelligence , biology
This paper reports on a cost‐benefit study of the Florida Coastal Construction Control Line (CCCL) in Martin County, Florida. The study compared the costs of implementing and maintaining the line with the value of the potential benefits resulting from (1) storm damage reduction and (2) increased open space. A systems model of development patterns was designed to project forward the historic development patterns along the beach which were compared with the patterns that have occurred subsequent to implementing the CCCL. The analysis showed the CCCL not to be cost effective in the area studied.