Abstract
This paper aims to understand the effects of biases in individual flood risk perception on aggregated land use patterns and their implications for macro policy. We develop a spatially explicit land market model and param-eterize individual risk perceptions with data from a survey held in the Nether-lands in 2008. Two sets of experiments are presented. A model with heteroge-neous agents produces qualitatively different results compared to a model with homogeneous agents. Individuals with low flood risk perception drive urban developments into the economically inefficient zone and leading to the increas-ing potential damage.
Original language | English |
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Title of host publication | 6th Conference of the European Social Simulation Association (ESSA 2009) |
Subtitle of host publication | Guildford, United Kingdom 14-18 September 2009 |
Editors | Bruce Edmonds, Nigel Gilbert |
Publisher | The European Social Simulation Association (ESSA) |
Pages | 67-81 |
ISBN (Electronic) | 978-1-63439-623-3 |
Publication status | Published - 1 Jan 2009 |
Event | 6th Conference of the European Social Simulation Association, ESSA 2009 - Guildford, United Kingdom Duration: 14 Sep 2009 → 18 Sep 2009 Conference number: 6 |
Conference
Conference | 6th Conference of the European Social Simulation Association, ESSA 2009 |
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Abbreviated title | ESSA 2009 |
Country/Territory | United Kingdom |
City | Guildford |
Period | 14/09/09 → 18/09/09 |