Uncertainty in flood damage estimates and its potential effect on investment decisions

This paper addresses the large differences that are found between damage estimates of different flood damage models. It explains how implicit assumptions in flood damage functions and maximum damages can have large effects on flood damage estimates. This explanation is then used to quantify the unce...

Full description

Bibliographic Details
Main Authors: D. J. Wagenaar, K. M. de Bruijn, L. M. Bouwer, H. de Moel
Format: Article
Language:English
Published: Copernicus Publications 2016-01-01
Series:Natural Hazards and Earth System Sciences
Online Access:http://www.nat-hazards-earth-syst-sci.net/16/1/2016/nhess-16-1-2016.pdf