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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

Listed:
  • Serge Garcia

    (BETA - Bureau d'Économie Théorique et Appliquée - AgroParisTech - UNISTRA - Université de Strasbourg - Université de Haute-Alsace (UHA) - Université de Haute-Alsace (UHA) Mulhouse - Colmar - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement)

  • Katrin Erdlenbruch

    (CEE-M - Centre d'Economie de l'Environnement - Montpellier - FRE2010 - INRA - Institut National de la Recherche Agronomique - UM - Université de Montpellier - CNRS - Centre National de la Recherche Scientifique - Montpellier SupAgro - Institut national d’études supérieures agronomiques de Montpellier)

  • Boniface Derrick Mbarga

    (Institut Agro - Montpellier SupAgro - Institut Agro - Institut national d'enseignement supérieur pour l'agriculture, l'alimentation et l'environnement)

Abstract

This article investigates residential choice in flood-prone areas with attractive natural amenities. In a discrete choice experiment involving 472 French homeowners, we analyse the effects of flood risk information disclosure. Respondents make trade-offs between house characteristics, amenities and location in flood-prone areas, with two information treatments about the consequences of flooding and protection measures. We also examine the influence of existing information tools. The econometric models reveal a general aversion to flood-prone areas and a negative effect of information about the consequences of flooding. Buyer-tenant information influences the decision to leave flood-prone areas, while zoning influences the decision to stay.

Suggested Citation

  • Serge Garcia & Katrin Erdlenbruch & Boniface Derrick Mbarga, 2024. "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," Working Papers hal-04594157, HAL.
    • Handle: RePEc:hal:wpaper:hal-04594157
    Note: View the original document on HAL open archive server: https://hal.science/hal-04594157
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    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

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