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Investment management --- United States --- Capital investments --- 330.32 --- -Capital expenditures --- Capital improvements --- Capital spending --- Fixed asset expenditures --- Plant and equipment investments --- Plant investments --- Investments --- Investeringen. Investeringstheorie. Investeringskredieten. Investeringsprojecten. Investeringsquote --- -Investeringen. Investeringstheorie. Investeringskredieten. Investeringsprojecten. Investeringsquote --- 330.32 Investeringen. Investeringstheorie. Investeringskredieten. Investeringsprojecten. Investeringsquote --- -330.32 Investeringen. Investeringstheorie. Investeringskredieten. Investeringsprojecten. Investeringsquote --- Capital expenditures --- Capital investments - United States. --- United States of America

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Microeconomics --- Social costs. Social benefits --- Economie --- 330.32 --- welvaartseconomie --- 330.104 --- 338.58 --- 330 --- Economie/handboeken --- mathematische modellen, toegepast op economie --- 330.4 --- Kosten-batenanalyses --- Welvaartseconomie --- politieke economie --- inkomensverdeling --- vrije economie --- economische politiek --- welvaartsstaat --- 338.26 --- Investeringen. Investeringstheorie. Investeringskredieten. Investeringsprojecten. Investeringsquote --- Micro-economie --- Sociale lasten. Sociale baten --- 33 --- 339 --- 330.1 --- 338.97 --- 330.32 Investeringen. Investeringstheorie. Investeringskredieten. Investeringsprojecten. Investeringsquote

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There is by now a large literature on the economic aspects of flood control and flood relief policies. The contribution of this paper lies in its careful scrutiny of one single critical aspect of the economics of floods, the choice of land use by a single land­ owner. We analyze that choice using the methods of dynamic programming, and in particular, we show how that choice is dependent on the probability of floods for his piece of land. The theory we have developed here has been developed in the context of floods. In fact, this work grew out of an empirical study of flood plain damages, when we found that the underlying theory was not yet developed.! In fact, we feel that the theory is of much more general interest. It is a theory of optimal investment choice under uncertainty when that uncertainty is a result of destruction or failure of the investment at a random date. This is the case in flood plains, but it is also the appropriate basic theory for understanding investment decisions in the face of earthquakes, fires, war damage, avalanches, and other kinds of disasters. These are only the more dramatic examples of situations where replacement is required at an uncertain date.

Operational research. Game theory --- Business & Economics --- Economic Theory --- 330.32 --- Investeringen. Investeringstheorie. Investeringskredieten. Investeringsprojecten. Investeringsquote --- 330.32 Investeringen. Investeringstheorie. Investeringskredieten. Investeringsprojecten. Investeringsquote --- Flood damage --- Investments --- Mathematical models --- Investissements --- Modèles mathématiques --- Prise de décision --- Investments - Mathematical models --- Economie mathematique

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658.155.012.7 --- 658.14 --- 330.32 --- Corporations --- -Investments --- -Corporations --- -330.32 Investeringen. Investeringstheorie. Investeringskredieten. Investeringsprojecten. Investeringsquote --- Investeringen. Investeringstheorie. Investeringskredieten. Investeringsprojecten. Investeringsquote --- 658.14 Financing. Funding of enterprises. Raising of capital --- Financing. Funding of enterprises. Raising of capital --- Business corporations --- C corporations --- Corporations, Business --- Corporations, Public --- Limited companies --- Publicly held corporations --- Publicly traded corporations --- Public limited companies --- Stock corporations --- Subchapter C corporations --- Business enterprises --- Corporate power --- Disincorporation --- Stocks --- Trusts, Industrial --- Investing --- Investment management --- Portfolio --- Finance --- Disinvestment --- Loans --- Saving and investment --- Speculation --- 658.155.012.7 Profit. Loss. Earning power. Trends in profitability. Yield. Trading profit, return--?.012.7 --- Profit. Loss. Earning power. Trends in profitability. Yield. Trading profit, return--?.012.7 --- -Investing --- -Business corporations --- 330.32 Investeringen. Investeringstheorie. Investeringskredieten. Investeringsprojecten. Investeringsquote --- -Finance

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Microeconomics --- Social costs. Social benefits --- Quantitative methods (economics) --- Economics --- Mathematical models --- 330.32 --- 330.1 --- Investeringen. Investeringstheorie. Investeringskredieten. Investeringsprojecten. Investeringsquote --- Economische grondbegrippen. Algemene begrippen in de economie --- 330.1 Economische grondbegrippen. Algemene begrippen in de economie --- 330.32 Investeringen. Investeringstheorie. Investeringskredieten. Investeringsprojecten. Investeringsquote --- Social Sciences and Humanities. Economics -- Economics (General) --- Economische grondbegrippen. Algemene begrippen in de economie. --- Investeringen. Investeringstheorie. Investeringskredieten. Investeringsprojecten. Investeringsquote. --- ALLW. --- Economics - Mathematical models --- Social Sciences and Humanities. Economics -- Economics (General).