Hopeman, Alan Roswell Jr.
This study explores the economic implications of flooding in the Minnesota River Valley and the various alternatives for flood-damage reduction: do nothing, delimit new development in flood-hazard areas, evacuate flood-prone areas, build local protection works, construct a series of large reservoirs, improve transportation river-crossings. The author provides background on state and federal legislation affecting Minnesota flood-control policy, as well as the methodology behind this study's economic analyses.