Abstract
In the previous chapter we artificially restricted the choices available to the landowner in order to simplify our results. We allowed decisions only after floods.
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© 1972 Springer-Verlag Berlin · Heidelberg
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Brown, J.P. (1972). The Optimal Replacement Policy. 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_4
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DOI: https://doi.org/10.1007/978-3-642-80699-5_4
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-05925-7
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