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A PROBABILISTIC BENEFIT‐COST ANALYSIS OF A ZONING PROGRAM FOR FLOOD PLAINS 1
Author(s) -
Leblanc Daniel,
Ouellette Pierre
Publication year - 1988
Publication title -
jawra journal of the american water resources association
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.957
H-Index - 105
eISSN - 1752-1688
pISSN - 1093-474X
DOI - 10.1111/j.1752-1688.1988.tb02992.x
Subject(s) - zoning , flood myth , flooding (psychology) , probabilistic logic , flood control , environmental science , computer science , engineering , civil engineering , geography , statistics , mathematics , psychology , psychotherapist , archaeology
Various techniques, one of which is zoning, are used to control the extent of flood damage. The benefit‐cost analysis of zoning programs must take into account the random nature of flooding. This paper outlines a method for determining not only the expected value of the benefit‐cost ratio, but also the probability of such a zoning program being profitable. It also presents an application of the method to the assessment of the Outaouais Regional Community zoning program.