Flood Hazards, Insurance Rates, and Amenities: Evidence From the Coastal Housing Market

By Okmyung Bin, Jamie B. Kruse, Craig E. Landry. 2008

351 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Global and Planetary Change

View Paper: https://www.semanticscholar.org/paper/3a85dd8dbbf67cf6963abdd04e253a2672a0b663

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Paul Hindsley
2. Michal Lichter
3. Craig E. Landry
4. Daniel Felsenstein

In Global and Planetary Change

1. Paul Hindsley
2. Michal Lichter
3. Craig E. Landry
4. Daniel Felsenstein
5. Carolyn Kousky

Citations in the corpus

• Risk Preferences, Risk Perceptions, and Flood Insurance (2013, neutral): “…proxies for changes in flood risk information, such as housing price data (MacDonald et al. 1990; Harrison, Smersh, and Schwartz 2001; Dehring 2006; Bin et al. 2008; Bin, Kruse, and Landry 2008), deductible choice (Cohen and Einav 2007), flood disclosure laws (Troy and Romm 2004; Pope 2008), media…”
• Come Rain or Shine: Evidence on Flood Insurance Purchases in Florida (2010, neutral): “Being in a floodplain not only increases the insurance cost, but can lower property value (MacDonald, Murdoch, and White, 1987; MacDonald, White, Taube, and Huth, 1990; Bin, Kruse and Landry, 2008 ).”
• Financing Flood Losses: A Discussion of the National Flood Insurance Program (2017, neutral): “This does appear to have affected the housing market: many studies have found that homes in the 1 percent annual chance floodplain are discounted relative to homes outside it (e.g., Bin and Polasky 2004; Bin et al. 2008; Kousky 2010; Atreya et al. 2013).”
• Valuing Beach Quality with Hedonic Property Models (2011, methodology): “…and Landry 2008; Pompe 2008), water view (Kulshreshtha and Gillies 1993; Lansford and Jones 1995; Benson et al. 1998; Pompe and Rinehart 1999; Bin et al. 2008), and water quality (Leggett and Bockstael 2000) have all been shown to influence coastal property values, and estimates of MWTP for…”
• Social and economic vulnerability of coastal communities to sea-level rise and extreme flooding (2014, background): “Work in the USA has shown flood risk disclosure to be inversely related to asset prices, reducing property values by over 7 % (Bin et al. 2008).”
• Earthquake risk and housing prices in Japan: Evidence before and after massive earthquakes (2009, background): “Shilling, Benjamin and Sirmans (1987), MacDonald, Murdoch, and White (1987), MacDonald, White, Taube, and Huth (1990) and Bin, Kruse, and Landry (2008) have also evaluated the effect of flood hazard on housing values.”