Measuring Heterogeneous Preferences for Adaptation Strategies in Response to Sea Level Rise: Evidence from Miami-Dade County
Xuqi Chen,
Zhifeng Gao and
Xiang Bi
Land Economics, 2023, vol. 99, issue 1, 38-62
Abstract:
Despite mounting threats from rising sea levels, adaptation to sea level rise (SLR) is often challenged by limited funding and understanding of residents’ preferences. Using an online choice experiment, we investigate residents’ preference for three SLR adaptation strategies: building seawalls, replenishing the beach, and installing stormwater pumps in Miami-Dade County. We control the preference, scale, and alternative heterogeneity using generalized multinomial logit models with error components. Results show that residents prefer additional adaptation strategies to the status quo, and valuations of adaptation attributes are correlated with residents’ sociodemographics. Accounting for alternative heterogeneity also significantly improves model performance.
JEL-codes: Q51 Q54 (search for similar items in EconPapers)
Date: 2023
Note: DOI: 10.3368/le.062620-0093R1
References: Add references at CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
http://le.uwpress.org/cgi/reprint/99/1/38
A subscription is required to access pdf files. Pay per article is available.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:uwp:landec:v:99:y:2023:i:1:p:38-62
Access Statistics for this article
More articles in Land Economics from University of Wisconsin Press
Bibliographic data for series maintained by ().