Rapid Economic Assessment of Flood-control Failure along the Rio Grande: A Case Study

Sheng, Zhuping; Sturdivant, Allen W.; Michelsen, Ari M.; Lacewell, R.D.

doi:10.1080/07900620500258273

Cited by 4 publications

(4 citation statements)

References 2 publications

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“…The flood risk assessment model has been established based on GIS [10]. On the other hand, GIS and multi-source remote sensing data have been employed to assess different the flood risk and flood disaster loss [11] [12]. Meanwhile, the hydraulic model, GIS and remote sensing data have been used in flood risk mapping [13] [14].…”

Section: B Spatial Comprehensive Analysis Methodsmentioning

confidence: 99%

A Conceptual Model for Flood Disaster Risk Assessment Based on Agent-Based Modeling

Linghu

Chen

Guo

et al. 2013

2013 International Conference on Computer Sciences and Applications

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In this paper, we used agent-based modeling in complex system for flood disaster risk assessment according to the characteristics of flood disaster system. The flood disaster multi agent complex system (FDMACS) had been constructed. The internal structure of different agents and agents' alliance in FDMACS had been designed. The agent communication language (ACL) had been selected as the communication tool using for interaction and collaboration among different agents and agents' alliance in FDMACS. This paper initially built the flood disaster risk assessment conceptual model based on multi agent.

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Section: B Spatial Comprehensive Analysis Methodsmentioning

confidence: 99%

A Conceptual Model for Flood Disaster Risk Assessment Based on Agent-Based Modeling

Linghu

Chen

Guo

et al. 2013

2013 International Conference on Computer Sciences and Applications

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“…Studies addressing the ex ante economic benefits of constructing flood defenses can be divided into two types: (1) averted future impact (AFI) studies, which use different flooding scenarios and depth/damage data to construct loss/probability curves (Blonn, Throneburg, & Grabowy, ; Brouwer & Van Ek, ; Jongman et al., , Oliveri & Santoro, , Sheng, Sturdivant, Michelsen, & Lacewell, ), and (2) stated preference methods (SPM) exploring respondents’ willingness to pay (WTP) for the construction of flood defenses using hypothetical scenarios (Brouwer, Akter, Brander, & Haque, ; Koutrakis et al., ; Phillips, ; Veronesi, Chawla, Maurer, & Lienert, ; Zhai & Suzuki, ).…”

Section: Literature Reviewmentioning

confidence: 99%

Assessing the Economic Benefits of Flood Defenses: A Repeat‐Sales Approach

2018

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In this article we identify the impact of the construction of flood defenses on property prices using a difference-in-differences repeat-sales methodology. Our data set contains information on over 12 million individual property transactions, which is merged with GIS data identifying the spatial location and main characteristics of 1,666 flood defenses built in England between 1995 and 2014. Results suggest that at the finer 6-digit postcode level the construction of flood defenses raises urban house prices by 12.6% to 16.7%. However, for rural properties at the slightly coarser 5-digit postcode level the construction of defenses reduces house prices by 0.8% to 5.0%. This suggests that in certain locations the disamenity impact of flood defenses and the perceived threat of redirected flooding outweigh the benefits of reduced flood risk.

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“…Ward and Pulido-Velazquez [2008] add an explicit focus on equity and sustainability in a basin model including both water quantity and quality. Booker [1995], Characklis et al [2006]), Ward et al [2007], and Sheng et al [2005] focus on extreme events in the common form of drought and flood response impacts, and the ability to offset these impacts using a portfolio approach. Lund and Israel [1995] and many other researchers analyze the value of potential water transfers using spatially explicit models.…”

Section: Representing Hydrologymentioning

confidence: 99%

“…The wide variety of actual and potential economic activities found on floodplains—residential, industrial, commercial, agricultural, environmental—makes this a formidable task. Most frequently used is a deductive approach called the property damages avoided method, which forecasts the future expected activities, structures and land uses in the floodplain and compares future flood damages with versus without the proposed policy intervention (e.g., Sheng et al. [2005]).…”

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confidence: 99%

Economics and the Modeling of Water Resources and Policies

Booker

Howitt

Michelsen

et al. 2011

Natural Resource Modeling

150

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Over the last 25 years, economic water policy models have evolved in concept, theoretical and technical methods, scope and application to address a host of water demand, supply, and management policy questions. There have been a number of theoretical and empirical advances over this period, particularly related to estimation of nonmarket, public good water‐related values involving different methods of valuation. We discuss modeling advances including modeling multiple, competing demands, types of incentives and technologies and behavioral responses, incorporation of groundwater and other supply alternatives, integration of institutional factors, and increasing attention to system‐wide impacts. The largest changes in hydroeconomic policy models have been the integration of the individual demand and supply components, inclusion of environmental values, incorporation of governance and institutional conditions (laws, regulations and policies), and expansion to river basin and even interposing scales of analysis. Important areas of future hydroeconomic model advances will be the use of genetic and neurological based algorithms for solving dynamic, stochastic problems, reconstruction of hydrological and economic relationships for remotely sensed data, and the expansion of models to understand and address transboundary water resource economic, hydrologic, environmental and institutional policy, and interdependencies.

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Rapid Economic Assessment of Flood-control Failure along the Rio Grande: A Case Study

Cited by 4 publications

References 2 publications

A Conceptual Model for Flood Disaster Risk Assessment Based on Agent-Based Modeling

A Conceptual Model for Flood Disaster Risk Assessment Based on Agent-Based Modeling

Assessing the Economic Benefits of Flood Defenses: A Repeat‐Sales Approach

Economics and the Modeling of Water Resources and Policies

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