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The publication presents analytical progress in the development of a computer simulation model for flood plain development. A conceptual model was developed for five major parts: forecasting population and economic activities; allocating activities to available land; integrating public policies restricting land use; measuring and projecting flood damages; and evaluating benefits based on appropriate formulas involving flood damages, land rents, and locational advantages. Several concepts are introduced to solve problems associated with development of the simulation model.
The report presents a simulation model for the evaluation of national economic efficiency benefits of various levels of flood protection and alternative land use plans. The model has three major components: (1) Calculation of flood damages and economic rent components. (2) Allocation of land use requirements. (3) Benefit calculation based on locational advantage and damage reduction. The report also presents the results of a test case in Connecticut River Basin. (Author).