The costs of flooding on households

Rotimi Joseph, David Proverbs, Jessica Lamond, Peter Wassell

    Research output: Chapter in Book/Conference proceeding with ISSN or ISBNChapterpeer-review

    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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