A discrete choice experiment to measure the impact of flood risk information on residential location choices
[Une expérience de choix discrets pour mesurer l'impact de l'information sur les risques d'inondation sur les choix de localisation résidentielle]
Author
Abstract
Suggested Citation
Note: View the original document on HAL open archive server: https://hal.science/hal-04594157
Download full text from publisher
Other versions of this item:
- Serge Garcia & Katrin Erdlenbruch & Boniface Derrick Mbarga, 2024. "A discrete choice experiment to measure the impact of flood risk information on residential location choices," Working Papers of BETA 2024-22, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
References listed on IDEAS
- Leah Platt Boustan & Matthew E. Kahn & Paul W. Rhode, 2012. "Moving to Higher Ground: Migration Response to Natural Disasters in the Early Twentieth Century," American Economic Review, American Economic Association, vol. 102(3), pages 238-244, May.
- Botzen, W.J.W. & Aerts, J.C.J.H. & van den Bergh, J.C.J.M., 2009. "Willingness of homeowners to mitigate climate risk through insurance," Ecological Economics, Elsevier, vol. 68(8-9), pages 2265-2277, June.
- Richert, Claire & Erdlenbruch, Katrin & Figuières, Charles, 2017.
"The determinants of households' flood mitigation decisions in France - on the possibility of feedback effects from past investments,"
Ecological Economics, Elsevier, vol. 131(C), pages 342-352.
- Claire Richert & Katrin Erdlenbruch & Charles Figuieres, 2017. "The determinants of households' flood mitigation decisions in France - on the possibility of feedback effects from past investments," Post-Print hal-02175820, HAL.
- Athanasios Votsis & Adriaan Perrels, 2016. "Housing Prices and the Public Disclosure of Flood Risk: A Difference-in-Differences Analysis in Finland," The Journal of Real Estate Finance and Economics, Springer, vol. 53(4), pages 450-471, November.
- Brian Lee & Paul Waddell, 2010. "Residential mobility and location choice: a nested logit model with sampling of alternatives," Transportation, Springer, vol. 37(4), pages 587-601, July.
- Greene, William, 2010.
"Testing hypotheses about interaction terms in nonlinear models,"
Economics Letters, Elsevier, vol. 107(2), pages 291-296, May.
- William H. Greene, 2009. "Testing Hypotheses About Interaction Terms in Nonlinear Models," Working Papers 09-08, New York University, Leonard N. Stern School of Business, Department of Economics.
- Axel Creach & Sophie Pardo & Patrice Guillotreau & Denis Mercier, 2015. "The use of a micro-scale index to identify potential death risk areas due to coastal flood surges: lessons from Storm Xynthia on the French Atlantic coast," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 77(3), pages 1679-1710, July.
- Andre Palma & Moshe Ben-Akiva & David Brownstone & Charles Holt & Thierry Magnac & Daniel McFadden & Peter Moffatt & Nathalie Picard & Kenneth Train & Peter Wakker & Joan Walker, 2008.
"Risk, uncertainty and discrete choice models,"
Marketing Letters, Springer, vol. 19(3), pages 269-285, December.
- André de Palma & Moshe Ben-Akiva & David Brownstone & Charles Holt & Thierry Magnac & Daniel McFadden & Peter Moffatt & Nathalie Picard & Kenneth Train & Peter Wakker & Joan Walker, 2008. "Risk, Uncertainty and Discrete Choice Models," THEMA Working Papers 2008-02, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
- Arnaud Reynaud & Manh-Hung Nguyen & Cécile Aubert, 2018.
"Is there a demand for flood insurance in Vietnam? Results from a choice experiment,"
Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 20(3), pages 593-617, July.
- Arnaud Reynaud & Manh-Hung Nguyen & Cecile Aubert, 2018. "Is there a demand for flood insurance in Vietnam? Results from a choice experiment," Post-Print hal-03143253, HAL.
- Daniel J. Phaneuf & Laura O. Taylor & John B. Braden, 2013. "Combining Revealed and Stated Preference Data to Estimate Preferences for Residential Amenities: A GMM Approach," Land Economics, University of Wisconsin Press, vol. 89(1), pages 30-52.
- Richert, Claire & Erdlenbruch, Katrin & Figuières, Charles, 2017.
"The determinants of households' flood mitigation decisions in France - on the possibility of feedback effects from past investments,"
Ecological Economics,
Elsevier, vol. 131(C), pages 342-352.
- Claire Richert & Katrin Erdlenbruch & Charles Figuieres, 2017. "The determinants of households' flood mitigation decisions in France - on the possibility of feedback effects from past investments," Post-Print hal-02175820, HAL.
- Claire Richert & Katrin Erdlenbruch & Charles Figuières, 2017. "The determinants of households' flood mitigation decisions in France - on the possibility of feedback effects from past investments," Post-Print hal-01505777, HAL.
- Train,Kenneth E., 2009.
"Discrete Choice Methods with Simulation,"
Cambridge Books,
Cambridge University Press, number 9780521747387, November.
- Kenneth Train, 2003. "Discrete Choice Methods with Simulation," Online economics textbooks, SUNY-Oswego, Department of Economics, number emetr2.
- Train,Kenneth E., 2009. "Discrete Choice Methods with Simulation," Cambridge Books, Cambridge University Press, number 9780521766555, November.
- Wiktor Adamowicz & Peter Boxall & Michael Williams & Jordan Louviere, 1998. "Stated Preference Approaches for Measuring Passive Use Values: Choice Experiments and Contingent Valuation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(1), pages 64-75.
- Arne Risa Hole, 2013. "Mixed logit modeling in Stata--an overview," United Kingdom Stata Users' Group Meetings 2013 23, Stata Users Group.
- Cohen, Jeffrey P. & Danko, Joseph J. & Yang, Ke, 2019. "Proximity to a water supply reservoir and dams: Is there spatial heterogeneity in the effects on housing prices?," Journal of Housing Economics, Elsevier, vol. 43(C), pages 14-22.
- Okmyung Bin & Jamie Brown Kruse & Craig E. Landry, 2008. "Flood Hazards, Insurance Rates, and Amenities: Evidence From the Coastal Housing Market," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 75(1), pages 63-82, March.
- Beltrán, Allan & Maddison, David & Elliott, Robert J R, 2018.
"Is Flood Risk Capitalised Into Property Values?,"
Ecological Economics, Elsevier, vol. 146(C), pages 668-685.
- Beltrán, Allan & Maddison, David & Elliott, Robert J R, 2018. "Is flood risk capitalised into property values?," LSE Research Online Documents on Economics 86458, London School of Economics and Political Science, LSE Library.
- Schaeffer, Y. & Cremer-Schulte, D. & Tartiu, C. & Tivadar, M., 2016. "Natural amenity-driven segregation: Evidence from location choices in French metropolitan areas," Ecological Economics, Elsevier, vol. 130(C), pages 37-52.
- Victor Champonnois & Katrin Erdlenbruch, 2020.
"Willingness of households to reduce flood risk in southern France,"
Working Papers
hal-02586069, HAL.
- Victor Champonnois & Katrin Erdlenbruch, 2020. "Willingness of households to reduce flood risk in southern France," CEE-M Working Papers hal-02586069, CEE-M, Universtiy of Montpellier, CNRS, INRA, Montpellier SupAgro.
- Victor Champonnois & Katrin Erdlenbruch, 2021. "Willingness of households to reduce flood risk in southern France," Post-Print hal-03155331, HAL.
- David Revelt & Kenneth Train, 1998. "Mixed Logit With Repeated Choices: Households' Choices Of Appliance Efficiency Level," The Review of Economics and Statistics, MIT Press, vol. 80(4), pages 647-657, November.
- Arne Risa Hole, 2007. "Fitting mixed logit models by using maximum simulated likelihood," Stata Journal, StataCorp LP, vol. 7(3), pages 388-401, September.
- Bin, Okmyung, 2004. "A prediction comparison of housing sales prices by parametric versus semi-parametric regressions," Journal of Housing Economics, Elsevier, vol. 13(1), pages 68-84, March.
- Kelvin J. Lancaster, 1966. "A New Approach to Consumer Theory," Journal of Political Economy, University of Chicago Press, vol. 74(2), pages 132-132.
- Waltert, Fabian & Schläpfer, Felix, 2010. "Landscape amenities and local development: A review of migration, regional economic and hedonic pricing studies," Ecological Economics, Elsevier, vol. 70(2), pages 141-152, December.
- Ai, Chunrong & Norton, Edward C., 2003. "Interaction terms in logit and probit models," Economics Letters, Elsevier, vol. 80(1), pages 123-129, July.
- Laura A Bakkensen & Lint Barrage, 2022. "Going Underwater? Flood Risk Belief Heterogeneity and Coastal Home Price Dynamics," The Review of Financial Studies, Society for Financial Studies, vol. 35(8), pages 3666-3709.
- Joan L. Walker & Yanqiao Wang & Mikkel Thorhauge & Moshe Ben-Akiva, 2018. "D-efficient or deficient? A robustness analysis of stated choice experimental designs," Theory and Decision, Springer, vol. 84(2), pages 215-238, March.
- Howard Kunreuther, 2006. "Disaster Mitigation and Insurance: Learning from Katrina," The ANNALS of the American Academy of Political and Social Science, , vol. 604(1), pages 208-227, March.
- P. Bubeck & W. J. W. Botzen & J. C. J. H. Aerts, 2012. "A Review of Risk Perceptions and Other Factors that Influence Flood Mitigation Behavior," Risk Analysis, John Wiley & Sons, vol. 32(9), pages 1481-1495, September.
- Bakkensen, Laura A. & Ma, Lala, 2020. "Sorting over flood risk and implications for policy reform," Journal of Environmental Economics and Management, Elsevier, vol. 104(C).
- Bin, Okmyung & Landry, Craig E., 2013. "Changes in implicit flood risk premiums: Empirical evidence from the housing market," Journal of Environmental Economics and Management, Elsevier, vol. 65(3), pages 361-376.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Justin Contat & Carrie Hopkins & Luis Mejia & Matthew Suandi, 2024.
"When climate meets real estate: A survey of the literature,"
Real Estate Economics, American Real Estate and Urban Economics Association, vol. 52(3), pages 618-659, May.
- Justin Contat & Caroline Hopkins & Luis Mejia & Matthew Suandi, 2023. "When Climate Meets Real Estate: A Survey of the Literature," FHFA Staff Working Papers 23-05, Federal Housing Finance Agency.
- Mutlu, Asli & Roy, Debraj & Filatova, Tatiana, 2023. "Capitalized value of evolving flood risks discount and nature-based solution premiums on property prices," Ecological Economics, Elsevier, vol. 205(C).
- Victor Champonnois & Katrin Erdlenbruch, 2020.
"Willingness of households to reduce flood risk in southern France,"
CEE-M Working Papers
hal-02586069, CEE-M, Universtiy of Montpellier, CNRS, INRA, Montpellier SupAgro.
- Victor Champonnois & Katrin Erdlenbruch, 2021. "Willingness of households to reduce flood risk in southern France," Post-Print hal-03155331, HAL.
- Victor Champonnois & Katrin Erdlenbruch, 2020. "Willingness of households to reduce flood risk in southern France," Working Papers hal-02586069, HAL.
- Haghani, Milad & Bliemer, Michiel C.J. & Hensher, David A., 2021. "The landscape of econometric discrete choice modelling research," Journal of choice modelling, Elsevier, vol. 40(C).
- Allan Beltrán & David Maddison & Robert J. R. Elliott, 2018.
"Assessing the Economic Benefits of Flood Defenses: A Repeat‐Sales Approach,"
Risk Analysis, John Wiley & Sons, vol. 38(11), pages 2340-2367, November.
- Beltrán, Allan & Maddison, David & Elliott, Robert J. R., 2018. "Assessing the economic benefits of flood defenses: a repeat-sales approach," LSE Research Online Documents on Economics 90207, London School of Economics and Political Science, LSE Library.
- aus dem Moore, Nils & Brehm, Johannes & Breidenbach, Philipp & Ghosh, Arijit & Gruhl, Henri, 2022. "Flood risk perception after indirect flooding experience: Null results in the German housing market," Ruhr Economic Papers 976, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Carole Ropars-Collet & Mélody Leplat & Philippe Le Goffe & Marie Lesueur, 2015.
"La pêche professionnelle est-elle un facteur d’attractivité récréative sur le littoral ?,"
Revue économique, Presses de Sciences-Po, vol. 66(4), pages 729-754.
- Carole Ropars-Collet & Mélody Leplat & Philippe Le Goffe & Marie Lesueur, 2015. "La pêche professionnelle est-elle un facteur d’attractivité récréative sur le littoral ?," Working Papers SMART 15-02, INRAE UMR SMART.
- Pilny, Adam & Mennicken, Roman, 2014. "Does Hospital Reputation Influence the Choice of Hospital?," Ruhr Economic Papers 516, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Rombach, Meike & Widmar, Nicole Olynk & Byrd, Elizabeth & Bitsch, Vera, 2018. "Do all roses smell equally sweet? Willingness to pay for flower attributes in specialized retail settings by German consumers," Journal of Retailing and Consumer Services, Elsevier, vol. 40(C), pages 91-99.
- Apurba Shee & Calum G. Turvey & Ana Marr, 2021.
"Heterogeneous Demand and Supply for an Insurance‐linked Credit Product in Kenya: A Stated Choice Experiment Approach,"
Journal of Agricultural Economics, Wiley Blackwell, vol. 72(1), pages 244-267, February.
- Shee, Apurba & Turvey, Calum G. & Marr, Ana, 2019. "Heterogeneous Demand and Supply for an Insurance-Linked Credit Product in Kenya: A Stated Choice Experiment Approach," 2019 Annual Meeting, July 21-23, Atlanta, Georgia 291022, Agricultural and Applied Economics Association.
- Shee, Apurba & Turvey, Calum G. & Marr, Ana, 2020. "Heterogeneous demand and supply for an insurance-linked credit product in Kenya: A stated choice experiment approach," Greenwich Papers in Political Economy 29186, University of Greenwich, Greenwich Political Economy Research Centre.
- Ana I. Sanjuán‐López & Helena Resano‐Ezcaray, 2020. "Labels for a Local Food Speciality Product: The Case of Saffron," Journal of Agricultural Economics, Wiley Blackwell, vol. 71(3), pages 778-797, September.
- Caplan, Arthur J. & Akhundjanov, Sherzod B. & Toll, Kristopher, 2021. "Measuring heterogeneous preferences for residential amenities," Regional Science and Urban Economics, Elsevier, vol. 87(C).
- Hoyos, David, 2010. "The state of the art of environmental valuation with discrete choice experiments," Ecological Economics, Elsevier, vol. 69(8), pages 1595-1603, June.
- Talevi, Marta & Pattanayak, Subhrendu K. & Das, Ipsita & Lewis, Jessica J. & Singha, Ashok K., 2022.
"Speaking from experience: Preferences for cooking with biogas in rural India,"
Energy Economics, Elsevier, vol. 107(C).
- Talevi, Marta & Pattanayak, Subhrendu K. & Das, Ipsita & Lewis, Jessica J. & Singha, Ashok K., 2022. "Speaking from experience: preferences for cooking with biogas in rural India," LSE Research Online Documents on Economics 113454, London School of Economics and Political Science, LSE Library.
- Ahmadiani, Mona & Ferreira, Susana, 2021.
"Well-being effects of extreme weather events in the United States,"
Resource and Energy Economics, Elsevier, vol. 64(C).
- Ahmadiani, Mona & Ferreira, Susana, 2018. "Well-being Effects of Extreme Weather Events in the United States," 2018 Annual Meeting, August 5-7, Washington, D.C. 274433, Agricultural and Applied Economics Association.
- Richert, Claire & Erdlenbruch, Katrin & Grelot, Frédéric, 2019.
"The impact of flood management policies on individual adaptation actions: Insights from a French case study,"
Ecological Economics, Elsevier, vol. 165(C), pages 1-1.
- Claire Richert & Katrin Erdlenbruch & Frédéric Grelot, 2019. "The impact of flood management policies on individual adaptation actions: insights from a French case study," CEE-M Working Papers hal-02173121, CEE-M, Universtiy of Montpellier, CNRS, INRA, Montpellier SupAgro.
- Claire Richert & Katrin Erdlenbruch & Frédéric Grelot, 2019. "The impact of flood management policies on individual adaptation actions: Insights from a French case study," Post-Print halshs-02189117, HAL.
- Claire Richert & Katrin Erdlenbruch & Frédéric Grelot, 2019. "The impact of flood management policies on individual adaptation actions: insights from a French case study," Working Papers hal-02173121, HAL.
- Bakkensen, Laura A. & Ma, Lala & Muehlenbachs, Lucija & Benitez, Lina, 2024. "Cumulative impacts in environmental justice: Insights from economics and policy," Regional Science and Urban Economics, Elsevier, vol. 107(C).
- Allen Blackman & Sahan T. M. Dissanayake & Adan L. Martinez-Cruz & Leonardo Corral & Maja Schling, 2024.
"The Benefits of Titling Indigenous Communities in the Peruvian Amazon: A Stated Preference Approach,"
Land Economics, University of Wisconsin Press, vol. 100(2), pages 333-352.
- Blackman, Allen & Dissanayake, Sahan & Martinez Cruz, Adan & Corral, Leonardo & Schling, Maja, 2022. "Benefits of Titling Indigenous Communities in the Peruvian Amazon: A Stated Preference Approach," IDB Publications (Working Papers) 12633, Inter-American Development Bank.
- Beltrán, Allan & Maddison, David & Elliott, Robert, 2019. "The impact of flooding on property prices: A repeat-sales approach," Journal of Environmental Economics and Management, Elsevier, vol. 95(C), pages 62-86.
- Uwamariya, Beatrice, 2014. "Assessment of Consumer Awareness and Preferences for Quality Certification and Origin-Labeling in Fruit Salads in Kigali,Rwanda," Research Theses 198512, Collaborative Masters Program in Agricultural and Applied Economics.
More about this item
Keywords
Choice experiment; Flood risk-amenity trade-off; Information treatment; Mixed logit; Attribute willingness to pay; Residential choice;All these keywords.
JEL classification:
- Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
- Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
- C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:wpaper:hal-04594157. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.