A risk model to describe the behaviours of actors in the houses falling into the sea problem

Gibbs, Mark T., Thébaud, O., & Lorenz, D. (2013) A risk model to describe the behaviours of actors in the houses falling into the sea problem. Ocean & Coastal Management, 80, pp. 73-79.

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Abstract

The long-term solution to managing the impacts of sea-level rise is through the development and application of planning provisions and public policy, especially with regards to new developments in the coastal zone. By contrast, imposing new planning provisions, such as enforced retreat strategies, on legacy or existing private assets that are exposed to erosion and sea-level rise will impact on private property rights. In many cases this will incentivise rights-holders to pursue alternative recourse pathways. It is argued here that the behaviour of the key actors in this legacy assets problem are not well described in the models commonly proposed in the literature, and a new risk-based model framework is proposed that better explains the observed behaviours.

Impact and interest:

7 citations in Scopus
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4 citations in Web of Science®

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ID Code: 97801
Item Type: Journal Article
Refereed: Yes
Keywords: Development and applications, Key Actors, Legacy assets, Long-term solutions, Private property rights, Risk model, Risk-based model, Sea level rise, Sea level, Risk assessment, coastal zone management, numerical model, policy making, risk factor, sea level change
DOI: 10.1016/j.ocecoaman.2013.04.002
ISSN: 0964-5691
Divisions: Current > Institutes > Institute for Future Environments
Copyright Owner: 2013 Elsevier
Deposited On: 03 Aug 2016 03:05
Last Modified: 02 Sep 2016 00:57

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