Uncertainty in flood damage estimates and its potential effect on investment  decisions

Wagenaar, D. J.; de Bruijn, K. M.; Bouwer, L. M.; de Moel, H.

doi:10.5194/nhess-16-1-2016

Articles | Volume 16, issue 1

https://doi.org/10.5194/nhess-16-1-2016

© Author(s) 2016. This work is distributed under
the Creative Commons Attribution 3.0 License.

https://doi.org/10.5194/nhess-16-1-2016

© Author(s) 2016. This work is distributed under
the Creative Commons Attribution 3.0 License.

Articles | Volume 16, issue 1

Research article

|

15 Jan 2016

Research article |

| 15 Jan 2016

Uncertainty in flood damage estimates and its potential effect on investment decisions

D. J. Wagenaar, K. M. de Bruijn, L. M. Bouwer, and H. de Moel

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Latest update: 23 Nov 2025

Short summary

This paper discusses the differences that are found between flood damage estimation models. Based on an explanation of these differences, a method to quantify the uncertainty in flood damage models is proposed. An uncertainty estimate is made for a case study and the potential implications of uncertainty in flood damage estimation for investment decisions is shown.