@article{HudsonPhamBubeck2019,
  author    = {Hudson, Paul and Pham, My and Bubeck, Philip},
  title     = {An evaluation and monetary assessment of the impact of flooding on subjective well-being across genders in Vietnam},
  series = {Climate \& development},
  volume    = {11},
  journal   = {Climate \& development},
  number    = {7},
  publisher = {Routledge, Taylor \& Francis Group},
  address   = {Abingdon},
  issn      = {1756-5529},
  doi       = {10.1080/17565529.2019.1579698},
  pages     = {623 -- 637},
  year      = {2019},
  abstract  = {The intangible impacts of floods on welfare are not well investigated, even though they are important aspects of welfare. Moreover, flooding has gender based impacts on welfare. These differing impacts create a gender based flood risk resilience gap. We study the intangible impacts of flood risk on the subjective well-being of residents in central Vietnam. The measurement of intangible impacts through subjective well-being is a growing field within flood risk research. We find an initial drop in welfare through subjective well-being across genders when a flood is experienced. Male respondents tended to recover their welfare losses by around 80\% within 5 years while female respondents were associated with a welfare recovery of around 70\%. A monetization of the impacts floods have on an individual's subjective well-being shows that for the average female respondent, between 41\% to 86\% of annual income would be required to compensate subjective well-being losses after 5 years of experiencing a flood. The corresponding value for males is 30\% to 57\% of annual income. This shows that the intangible impacts of flood risk are important (across genders) and need to be integrated into flood (or climate) risk assessments to develop more socially appropriate risk management strategies.},
  language  = {en}
}
@misc{HudsonBotzenPoussinetal.2019,
  author    = {Hudson, Paul and Botzen, W. J. Wouter and Poussin, Jennifer and Aerts, Jeroen C. J. H.},
  title     = {Impacts of flooding and flood preparedness on subjective well-being},
  series = {Journal of Happiness Studies},
  volume    = {20},
  journal   = {Journal of Happiness Studies},
  number    = {2},
  publisher = {Springer Science},
  address   = {Dordrecht},
  issn      = {1389-4978},
  doi       = {10.1007/s10902-017-9916-4},
  pages     = {665 -- 682},
  year      = {2019},
  abstract  = {Flood disasters severely impact human subjective well-being (SWB). Nevertheless, few studies have examined the influence of flood events on individual well-being and how such impacts may be limited by flood protection measures. This study estimates the long term impacts on individual subjective well-being of flood experiences, individual subjective flood risk perceptions, and household flood preparedness decisions. These effects are monetised and placed in context through a comparison with impacts of other adverse events on well-being. We collected data from households in flood-prone areas in France. The results indicate that experiencing a flood has a large negative impact on subjective well-being that is incompletely attenuated over time. Moreover, individuals do not need to be directly affected by floods to suffer SWB losses since subjective well-being is lower for those who expect their flood risk to increase or who have seen a neighbour being flooded. Floodplain inhabitants who prepared for flooding by elevating their home have a higher subjective well-being. A monetisation of the aforementioned well-being impacts shows that a flood requires Euro150,000 in immediate compensation to attenuate SWB losses. The decomposition of the monetised impacts of flood experience into tangible losses and intangible effects on SWB shows that intangible effects are about twice as large as the tangible direct monetary flood losses. Investments in flood protection infrastructure may be under funded if the intangible SWB benefits of flood protection are not taken into account.},
  language  = {en}
}