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Computer Simulation of Investment Behavior in a Flood Plain

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The Economic Effects of Floods

Part of the book series: Lecture Notes in Economics and Mathematical Systems ((LNE,volume 70))

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Abstract

There is a large and growing body of literature describing experiments in computer simulation of river basins.1 The reasons for this lie in the vast complications of designing and operating a water resource system. The complexities are such that analytic methods have been insufficient to cope with the problem, but large-scale computers can be used to model the manifold possibilities and then run the model through a large number of histories and see which design and operating rules work best.

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Brown, J.P. (1972). Computer Simulation of Investment Behavior in a Flood Plain. In: The Economic Effects of Floods. Lecture Notes in Economics and Mathematical Systems, vol 70. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-80699-5_7

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  • DOI: https://doi.org/10.1007/978-3-642-80699-5_7

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-05925-7

  • Online ISBN: 978-3-642-80699-5

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