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| Filatova, Tatiana; Parker, Dawn Cassandra; van der Veen, Anne. |
| Dutch coastal land markets are characterized by high amenity values but are threatened by potential coastal hazards, leading to high potential damage costs from flooding. Yet, Dutch residents generally perceive low or no flood risk. Using an agent-based land market model and Dutch survey data on risk perceptions and location preferences, this paper explores the patterns of land development and land rents produced by buyers with low, highly skewed risk perceptions. We find that, compared to representative agent and uniform risk perception models, the skewed risk perception distribution produces substantially more, high-valued development in risky coastal zones, potentially creating economically significant risks triggered by the current Dutch flood... |
| Tipo: Article |
Palavras-chave: Land markets; Risk perceptions; Agent-based modeling; The Netherlands; Survey; Community/Rural/Urban Development; Environmental Economics and Policy; Land Economics/Use; Research Methods/ Statistical Methods; Risk and Uncertainty. |
| Ano: 2011 |
URL: http://purl.umn.edu/120639 |
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| Parker, Dawn Cassandra. |
| This dissertation examines the impacts of distance-dependent spatial externalities on patterns of economic activity in a free-market setting. This class of externalities, which include such examples as smog dispersal, pesticide drift, and habitat degradation from roads, are referred to as ``edge-effect externalities''. Under edge-effect externalities, economic optimality will require not only the correct allocation of land to different uses, but also the correct arrangement of land uses. However, an unregulated free market will potentially fail to achieve an efficient arrangement of land uses. Chapter 2 develops a spatially continuous one-dimensional model of edge-effect externalities. The model demonstrates that, while the externality creates an... |
| Tipo: Thesis or Dissertation |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 2000 |
URL: http://purl.umn.edu/11940 |
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