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it includes the following principles:
* Major areas to be protected from flooding are identified. These are called "dike ring areas" because they are protected by a ring of primary sea defences.
* The cost of flooding is assessed using a statistical model involving damage to property, lost production, and a given amount per human life lost.
* For the purpose of this model, a human life is valued at EUR2.2 million (2008 data).
* The chances of a significant flood within the given area are calculated. This is done using data

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