Participatory value evaluation for the evaluation of flood protection schemes

Niek Mouter*, Paul Koster, Thijs Dekker

*Corresponding author for this work

Research output: Contribution to journalArticleScientificpeer-review

8 Downloads (Pure)

Abstract

Participatory Value Evaluation (PVE) is a new survey method which elicits citizens' preferences over the allocation of public budgets as well as their private income. In a PVE, citizens are asked to choose the best portfolio of projects given a governmental and a private budget constraint. First, this paper aligns PVE with the traditional Kaldor-Hicks welfare economics framework underlying many Cost-Benefit Analyses. Second, this paper positions PVE against other valuation methods. Third, this paper applies the PVE method to evaluate the impacts of projects mitigating flood risks in the Netherlands. This empirical application reveals that Dutch citizens indicate a preference for projects that combine strengthening dikes and give space to the river to flood safely, particularly when such projects positively influence biodiversity and recreational opportunities.
Original languageEnglish
Article number100188
JournalWater Resources and Economics
Volume36
DOIs
Publication statusPublished - 2021

Keywords

  • Biodiversity
  • Cost-benefit analysis
  • Environmental valuation
  • Flood protection
  • Participatory value evaluation
  • Valuation methods

Fingerprint

Dive into the research topics of 'Participatory value evaluation for the evaluation of flood protection schemes'. Together they form a unique fingerprint.

Cite this