The paper presents an overview and a comparison of studies on public health, urban flooding and surface water quality from a global perspective, but with emphasis on China. The latter is relevant in the context of contemporary flood resilient city initiatives such as the "Sponge Cities" program,...
The "naive" version of such an economic approach assumes that institutional change is the result of opportunities for Pareto improvements which arise because of price changes or new production and monitoring technologies [2]. The advanced version, however, includes transaction costs in the analysis ...