{"id":{"repo_id":"uiuc","oai_identifier":"oai:www.ideals.illinois.edu:2142/92652"},"canonical_url":"https://search.dev.ndltd.org/etd/uiuc/oai:www.ideals.illinois.edu:2142/92652","repository":{"repo_id":"uiuc","name":"University of Illinois - Urbana-Champaign","base_url":"https://www.ideals.illinois.edu/oai-pmh"},"display":{"title":"Homeowner willingness to pay for a pre-flood buyout agreement","abstract":"Flood events are expected to increase in frequency and severity as climate change raises sea levels and intensifies regional precipitation events. The only permanent means of removing high risk homes from flood prone areas is through homeowner buyout programs. Using an online contingent valuation survey we evaluate homeowner willingness to pay for a pre-flood buyout agreement where the owner is paid pre-flood market value for their home and must relocate following a flood damaging greater than 50% of the value of their home. Additionally, we estimate homeowners' willingness to sign up for a pre-flood buyout agreement coupled with flood insurance. We find self-reported flood risk estimates, income, the expectation of neighbors also signing up for the buyout, environmental concerns, and flood experience all significantly affect homeowners' willingness to pay for the program. When coupled with flood insurance we find self-reported flood risk estimates, income, neighborhood tenure, environmental concerns, and flood experience all significantly affect homeowners’ willingness to sign up.","abstract_html":"Flood events are expected to increase in frequency and severity as climate change raises sea levels and intensifies regional precipitation events. The only permanent means of removing high risk homes from flood prone areas is through homeowner buyout programs. Using an online contingent valuation survey we evaluate homeowner willingness to pay for a pre-flood buyout agreement where the owner is paid pre-flood market value for their home and must relocate following a flood damaging greater than 50% of the value of their home. Additionally, we estimate homeowners&#x27; willingness to sign up for a pre-flood buyout agreement coupled with flood insurance. We find self-reported flood risk estimates, income, the expectation of neighbors also signing up for the buyout, environmental concerns, and flood experience all significantly affect homeowners&#x27; willingness to pay for the program. When coupled with flood insurance we find self-reported flood risk estimates, income, neighborhood tenure, environmental concerns, and flood experience all significantly affect homeowners’ willingness to sign up.","abstract_has_math":false,"creators":["Reeser, Collin M."],"institution":"University of Illinois at Urbana-Champaign","degree_name":"M.S.","degree_level":"Thesis","degree_discipline":"Agricultural & Applied Econ","degree_department":null,"school":null,"contributors":["Ando, Amy"],"advisors":[],"committee_chairs":[],"committee_members":[],"year":2016,"date_issued":"2016-11-10T17:49:03Z","date_published":"2016-11-10T17:49:03Z","updated_at":"2026-07-22T22:26:35Z","subjects":["Flood Insurance","Climate Change","Flood Policy","Flood Risk","Buyout"],"languages":["en"],"rights":["Copyright 2016 Collin M. Reeser"],"rights_urls":[],"identifier_entries":[]},"links":{"outbound_url":"http://hdl.handle.net/2142/92652","outbound_label":"Handle","outbound_source":"dc:identifier"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:contributor","label":"Contributor","values":["Ando, Amy"]},{"key":"dc:creator","label":"Author","values":["Reeser, Collin M."]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"dc:date","label":"Dc Date","values":["2016-11-10T17:49:03Z","2016-07-22","2016-08"]},{"key":"dc:type","label":"Dc Type","values":["text"]},{"key":"thesis:degree_discipline","label":"Discipline","values":["Agricultural & Applied Econ"]},{"key":"thesis:degree_level","label":"Degree Level","values":["Thesis"]},{"key":"thesis:degree_name","label":"Degree Name","values":["M.S."]},{"key":"thesis:institution_name","label":"Thesis Institution Name","values":["University of Illinois at Urbana-Champaign"]}]},{"id":"subjects_keywords","label":"Subjects and Keywords","entries":[{"key":"dc:subject","label":"Dc Subject","values":["Flood Insurance","Climate Change","Flood Policy","Flood Risk","Buyout"]}]},{"id":"language_rights","label":"Language and Rights","entries":[{"key":"dc:language","label":"Dc Language","values":["en"]},{"key":"dc:rights","label":"Dc Rights","values":["Copyright 2016 Collin M. 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We find self-reported flood risk estimates, income, the expectation of neighbors also signing up for the buyout, environmental concerns, and flood experience all significantly affect homeowners' willingness to pay for the program. When coupled with flood insurance we find self-reported flood risk estimates, income, neighborhood tenure, environmental concerns, and flood experience all significantly affect homeowners’ willingness to sign up.","Submission original under an indefinite embargo labeled 'Open Access'. The submission was exported from vireo on 2016-11-09 without embargo terms","The student, Collin Reeser, accepted the attached license on 2016-07-18 at 22:35.","The student, Collin Reeser, submitted this Thesis for approval on 2016-07-18 at 22:44.","This Thesis was approved for publication on 2016-07-22 at 14:11.","DSpace SAF Submission Ingestion Package generated from Vireo submission #10003 on 2016-11-09 at 10:25:34","Made available in DSpace on 2016-11-10T17:49:03Z (GMT). No. of bitstreams: 2 REESER-THESIS-2016.pdf: 1655238 bytes, checksum: d5482a9c42cff29e529f603c01eb6123 (MD5) LICENSE.txt: 4210 bytes, checksum: 2984e3e30b35225608ef6f609789b56a (MD5) Previous issue date: 2016-07-22"]},{"key":"dc:format","label":"Dc Format","values":["application/pdf"]},{"key":"dc:title","label":"Title","values":["Homeowner willingness to pay for a pre-flood buyout agreement"]}]}],"canonical_facts":{"dc:contributor":["Ando, Amy"],"dc:creator":["Reeser, Collin M."],"dc:date":["2016-11-10T17:49:03Z","2016-07-22","2016-08"],"dc:description":["Flood events are expected to increase in frequency and severity as climate change raises sea levels and intensifies regional precipitation events. The only permanent means of removing high risk homes from flood prone areas is through homeowner buyout programs. Using an online contingent valuation survey we evaluate homeowner willingness to pay for a pre-flood buyout agreement where the owner is paid pre-flood market value for their home and must relocate following a flood damaging greater than 50% of the value of their home. Additionally, we estimate homeowners' willingness to sign up for a pre-flood buyout agreement coupled with flood insurance. We find self-reported flood risk estimates, income, the expectation of neighbors also signing up for the buyout, environmental concerns, and flood experience all significantly affect homeowners' willingness to pay for the program. When coupled with flood insurance we find self-reported flood risk estimates, income, neighborhood tenure, environmental concerns, and flood experience all significantly affect homeowners’ willingness to sign up.","Submission original under an indefinite embargo labeled 'Open Access'. The submission was exported from vireo on 2016-11-09 without embargo terms","The student, Collin Reeser, accepted the attached license on 2016-07-18 at 22:35.","The student, Collin Reeser, submitted this Thesis for approval on 2016-07-18 at 22:44.","This Thesis was approved for publication on 2016-07-22 at 14:11.","DSpace SAF Submission Ingestion Package generated from Vireo submission #10003 on 2016-11-09 at 10:25:34","Made available in DSpace on 2016-11-10T17:49:03Z (GMT). No. of bitstreams: 2 REESER-THESIS-2016.pdf: 1655238 bytes, checksum: d5482a9c42cff29e529f603c01eb6123 (MD5) LICENSE.txt: 4210 bytes, checksum: 2984e3e30b35225608ef6f609789b56a (MD5) Previous issue date: 2016-07-22"],"dc:format":["application/pdf"],"dc:identifier":["http://hdl.handle.net/2142/92652"],"dc:language":["en"],"dc:rights":["Copyright 2016 Collin M. Reeser"],"dc:subject":["Flood Insurance","Climate Change","Flood Policy","Flood Risk","Buyout"],"dc:title":["Homeowner willingness to pay for a pre-flood buyout agreement"],"dc:type":["text"],"thesis:degree_discipline":["Agricultural & Applied Econ"],"thesis:degree_level":["Thesis"],"thesis:degree_name":["M.S."],"thesis:institution_name":["University of Illinois at Urbana-Champaign"]},"updated_at":"2026-07-22T22:26:35Z"}