Articles | Volume 27, issue 22
https://doi.org/10.5194/hess-27-4217-2023
https://doi.org/10.5194/hess-27-4217-2023
Opinion article
 | 
28 Nov 2023
Opinion article |  | 28 Nov 2023

HESS Opinions: Drought impacts as failed prospects

Germano G. Ribeiro Neto, Sarra Kchouk, Lieke A. Melsen, Louise Cavalcante, David W. Walker, Art Dewulf, Alexandre C. Costa, Eduardo S. P. R. Martins, and Pieter R. van Oel

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Latest update: 21 Apr 2024
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Short summary
People induce and modify droughts. However, we do not know exactly how relevant human and natural processes interact nor how to evaluate the co-evolution of people and water. Prospect theory can help us to explain the emergence of drought impacts leading to failed welfare expectations (“prospects”) due to water shortage. Our approach helps to explain socio-hydrological phenomena, such as reservoir effects, and can contribute to integrated drought management considering the local context.