Public, Environmental & Occupational Health
; Mathematics, Interdisciplinary Applications
; Social Sciences, Mathematical Methods
WOS研究方向:
Public, Environmental & Occupational Health
; Mathematics
; Mathematical Methods In Social Sciences
英文摘要:
In the presence of rare disasters, risk perceptions may not always align with actual risks. These perceptions can nevertheless influence an individual's willingness to mitigate risks through activities such as purchasing flood insurance. In a survey of Maryland floodplain residents, we find that stated risk perceptions predict voluntary flood insurance take-up, while perceptions themselves varied widely among surveyed residents, owing in large part to differences in past flood experience. We use a formal test for overoptimism in risk perceptions and find that, on aggregate, floodplain residents are overly optimistic about flood risks.
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Recommended Citation:
Royal, Andrew,Walls, Margaret. Flood Risk Perceptions and Insurance Choice: Do Decisions in the Floodplain Reflect Overoptimism?[J]. RISK ANALYSIS,2019-01-01,39(5):1088-1104