RT Journal Article
SR Electronic
T1 Measuring Heterogeneous Preferences for Adaptation Strategies in Response to Sea Level Rise: Evidence from Miami-Dade County
JF Land Economics
JO Land Econ
FD University of Wisconsin Press
SP 38
OP 62
DO 10.3368/le.062620-0093R1
VO 99
IS 1
A1 Xuqi Chen
A1 Zhifeng Gao
A1 Xiang Bi
YR 2023
UL http://le.uwpress.org/content/99/1/38.abstract
AB Despite mounting threats from rising sea levels, adaptation to sea level rise (SLR) is often challenged by limited funding and understanding of residents’ preferences. Using an online choice experiment, we investigate residents’ preference for three SLR adaptation strategies: building seawalls, replenishing the beach, and installing stormwater pumps in Miami-Dade County. We control the preference, scale, and alternative heterogeneity using generalized multinomial logit models with error components. Results show that residents prefer additional adaptation strategies to the status quo, and valuations of adaptation attributes are correlated with residents’ sociodemographics. Accounting for alternative heterogeneity also significantly improves model performance.