The costs of flooding on households

Rotimi Joseph, David Proverbs, Jessica Lamond, Peter Wassell

Research output: Chapter in Book/Conference proceeding with ISSN or ISBNChapter

Abstract

Costs associated with flooding can be categorised as tangible and intangible. The categorisation of the costs of flooding depends on factors, such as the ease of monetising the impact, when the impacts are felt and for how long (short or long term) and whether the impacts are felt directly or indirectly. In order to place the costs of flooding into a wider context, a brief discussion on the economic costs of flooding is presented in this chapter. However, the focus is on the financial costs of flooding as related to individuals and businesses in the United Kingdom. The intangible impacts of flooding can be more costly than the tangible ones, and they are not ordinarily insurable. Further research is needed to address the assessment of the full costs of the impacts of flooding on households, as this will enhance households' understanding of the costs associated with flooding.
Original languageEnglish
Title of host publicationWater Resources in the Built Environment
Subtitle of host publicationManagement Issues and Solutions
Place of PublicationOxford
PublisherJohn Wiley & Sons, Ltd
Chapter19
Pages249-257
Number of pages8
ISBN (Electronic)9781118809167
ISBN (Print)9780470670910
DOIs
Publication statusPublished - 21 Mar 2014

Keywords

  • Economic cost
  • Financial cost
  • Flooding
  • Households
  • Intangible cost
  • tangible cost

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  • Cite this

    Joseph, R., Proverbs, D., Lamond, J., & Wassell, P. (2014). The costs of flooding on households. In Water Resources in the Built Environment: Management Issues and Solutions (pp. 249-257). John Wiley & Sons, Ltd. https://doi.org/10.1002/9781118809167.ch19#