1956
DOI: 10.2307/1911632
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Economic Decision Problems for Flood Prevention

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Cited by 245 publications
(182 citation statements)
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“…These protection levels are based on a cost-benefit analysis (Van Danzig 1956), which was carried out after the 1953 flood disaster by the then Delta Committee for the economically most important part of the country. The results of this costbenefit analysis were translated into protection standards for the flood defenses and subsequently extrapolated to the remainder of the country.…”
Section: The Present Netherlands' Flood Risk Management Policy: Tippimentioning
confidence: 99%
“…These protection levels are based on a cost-benefit analysis (Van Danzig 1956), which was carried out after the 1953 flood disaster by the then Delta Committee for the economically most important part of the country. The results of this costbenefit analysis were translated into protection standards for the flood defenses and subsequently extrapolated to the remainder of the country.…”
Section: The Present Netherlands' Flood Risk Management Policy: Tippimentioning
confidence: 99%
“…. , r were such that the smoothest possible interpolation scheme was obtained, see (19). Extending this to the discretization of the diffusion operator, we now require that: This is guaranteed by the choices in (35).…”
Section: (35)mentioning
confidence: 99%
“…This concept of economic optimisation was established by Van Dantzig [19] in the aftermath of the flooding disaster that hit the Netherlands in 1953. Van Dantzig's model was deterministic and discrete in time and was later improved by Eijgenraam [9] to properly account for economic growth.…”
Section: Introductionmentioning
confidence: 99%
“…Current safety standards have their origin in early political decisions that were based on historical probabilities of extreme water levels and cost-benefit analysis of flood defences policies (Van Dantzig 1956;see also Eijgenraam 2006). These decisions took account of the variation of the assets-at-risk across the Netherlands (Ten Brinke and Bannink 2004).…”
Section: Safety Standardsmentioning
confidence: 99%