Participatory value evaluation for the evaluation of flood protection schemes

Title

Participatory value evaluation for the evaluation of flood protection schemes

 Author

Mouter, N. (TU Delft Transport and Logistics) ORCID 0000-0002-0299-5852
Koster, Paul (Vrije Universiteit Amsterdam)
Dekker, Thijs (University of Leeds)

Date

2021

 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.

 Subject

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

 To reference this document use:

http://resolver.tudelft.nl/uuid:1e83a1a7-0b70-4ed5-9c6b-37da10041de7

 DOI

https://doi.org/10.1016/j.wre.2021.100188

 ISSN

2212-4284

 Source

Water Resources and Economics, 36

 Part of collection

Institutional Repository

 Document type

journal article

 Rights

© 2021 N. Mouter, Paul Koster, Thijs Dekker
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