Participatory value evaluation for the evaluation of flood protection schemes

Niek Mouter*, Paul Koster, Thijs Dekker

*Corresponding author for this work

Research output: Contribution to JournalArticleAcademicpeer-review

Abstract

Participatory Value Evaluation (PVE) is a new survey method which elicits citizens' preferences over the allocation of public budgets as well as their private income. In a PVE, citizens are asked to choose the best portfolio of projects given a governmental and a private budget constraint. First, this paper aligns PVE with the traditional Kaldor-Hicks welfare economics framework underlying many Cost-Benefit Analyses. Second, this paper positions PVE against other valuation methods. Third, this paper applies the PVE method to evaluate the impacts of projects mitigating flood risks in the Netherlands. This empirical application reveals that Dutch citizens indicate a preference for projects that combine strengthening dikes and give space to the river to flood safely, particularly when such projects positively influence biodiversity and recreational opportunities.

Original languageEnglish
Article number100188
Pages (from-to)1-17
Number of pages17
JournalWater Resources and Economics
Volume36
Early online date11 Oct 2021
DOIs
Publication statusPublished - Oct 2021

Bibliographical note

Funding Information:
The first and second author wish to thank the Dutch Research Council for financial support (NWO Responsible Innovation grant ? 313-99-333). Moreover, the authors wish to thank the Dutch Ministry of Infrastructure and Water Management for financing the data collection and the design of the PVE. The authors like to thank two anonymous reviewers for their very useful comments.

Funding Information:
The first and second author wish to thank the Dutch Research Council for financial support (NWO Responsible Innovation grant – 313-99-333 ). Moreover, the authors wish to thank the Dutch Ministry of Infrastructure and Water Management for financing the data collection and the design of the PVE. The authors like to thank two anonymous reviewers for their very useful comments.

Publisher Copyright:
© 2021

Copyright:
Copyright 2021 Elsevier B.V., All rights reserved.

Keywords

  • Biodiversity
  • Cost-benefit analysis
  • Environmental valuation
  • Flood protection
  • Participatory value evaluation
  • Valuation methods

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