paper
Neglecting Uncertainties Biases House-Elevation Decisions to Manage Riverine Flood Risks
Mahkameh Zarekarizi, Vivek Srikrishnan, Klaus Keller
Neglecting Uncertainties Biases House-Elevation Decisions to Manage Riverine Flood Risks
Mahkameh Zarekarizi, Vivek Srikrishnan, Klaus Keller
Paper2020-01-17English
risk managementarxiv
Description
Homeowners around the world elevate houses to manage flood risks. Deciding how high to elevate a house poses a nontrivial decision problem. The U.S. Federal Emergency Management Agency (FEMA) recommends elevating existing houses to the Base Flood Elevation (the elevation of the 100-yr flood) plus a freeboard. This recommendation neglects many uncertainties. Here we analyze a case-study of riverine flood risk management using a multi-objective robust decision-making framework in the face of deep ...
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