The potential use of individual and societal risk criteria within the Dutch flood safety policy (part 1): Basic principles

Abstract

The Dutch government is in the process of revising its national flood safety policy. The current Dutch Flood Defense Act lays down design standards for the Dutch flood defenses. These standards have been based on/rationalized by economic optimizations in which investment costs are balanced against the discounted value of (potential) future losses. Loss of… (More)

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