Carel Eijgenraam

Learn More
Dike height optimization is of major importance to the Netherlands as a large part of the country lies below sea level and high water levels in rivers can cause floods. A cost-benefit analysis is discussed in Eijgenraam et al. (2010), which is an improvement of the model Van Dantzig (1956) introduced after a devastating flood in the Netherlands in 1953. We(More)
In spite of a growing recognition of the importance of supply conditions for the level and volatility of house prices, empirical work on housing supply outside the US is scarce. This paper considers various measures of housing supply in the Netherlands, where real house prices have roughly tripled since 1970. Besides the volume of investment in residential(More)
After the flood disaster in 1953 in the southwestern part of the Netherlands, Van Dantzig tried to solve the economic decision problem concerning the optimal height of dikes. His solution has a fixed probability of flooding after each investment. However, when there is economic growth, not the probability of flooding but the expected yearly loss by flooding(More)
How should urban containment and the diversion of households to nearby residential areas be evaluated from a welfare economic perspective? Assuming the existence of a negative externality of city size, we develop a concise general equilibrium model for a mother city and a satellite. This satellite should be founded if the gain in surplus exceeds the fixed(More)
  • 1