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Optimal investment and location decisions of a firm in a flood risk area using impulse control theory
Flooding events can affect businesses close to rivers, lakes or coasts. This paper provides an economic partial equilibrium model, which helps to understand the optimal location choice for a firm in flood risk areas and its investment strategies. How often, when and how much are firms willing to inv...
| Autores principales: | , , , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
| Publicado: |
Springer Berlin Heidelberg
2018
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| Materias: | |
| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6951472/ https://www.ncbi.nlm.nih.gov/pubmed/31983895 http://dx.doi.org/10.1007/s10100-018-0532-0 |