Articles | Volume 20, issue 8
Hydrol. Earth Syst. Sci., 20, 3109–3128, 2016
https://doi.org/10.5194/hess-20-3109-2016

Special issue: Effective Science Communication and Education in Hydrology...

Hydrol. Earth Syst. Sci., 20, 3109–3128, 2016
https://doi.org/10.5194/hess-20-3109-2016
Research article
02 Aug 2016
Research article | 02 Aug 2016

Willingness-to-pay for a probabilistic flood forecast: a risk-based decision-making game

Louise Arnal et al.

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Short summary
Forecasts are produced as probabilities of occurrence of specific events, which is both an added value and a challenge for users. This paper presents a game on flood protection, "How much are you prepared to pay for a forecast?", which investigated how users perceive the value of forecasts and are willing to pay for them when making decisions. It shows that users are mainly influenced by the perceived quality of the forecasts, their need for the information and their degree of risk tolerance.