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Record W4361291709 · doi:10.1111/jfr3.12903

Modelling economic risk to sea‐level rise and storms at the coastal margin

2023· article· en· W4361291709 on OpenAlex

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

affAt least one author lists a Canadian institution in the pinned OpenAlex snapshot.

Bibliographic record

VenueJournal of Flood Risk Management · 2023
Typearticle
Languageen
FieldEnvironmental Science
TopicFlood Risk Assessment and Management
Canadian institutionsSimon Fraser University
FundersMinistry for Business Innovation and EmploymentMinistry of Business, Innovation and Employment
KeywordsCoastal floodFlood mythCoastal hazardsFlooding (psychology)StormEconomic impact analysisVulnerability (computing)AmenityEnvironmental resource managementEconomic costClimate changeEnvironmental planningBusinessFutures contractEnvironmental scienceGeographyEconomicsFinanceSea level riseMeteorologyComputer scienceEcology

Abstract

fetched live from OpenAlex

Abstract We develop a methodological approach through integrated assessment using System Dynamics modelling and Scenario Planning to investigate the economic vulnerability of coastal communities to the compounding impacts of sea‐level rise (SLR) and storm flooding and inundation associated with climate change. The approach uses a coastal flood risk assessment that quantifies physical drivers alongside socio‐economic well‐being for coastal communities to provide a methodology for managing uncertain futures through causal relationships in System Dynamics. A New Zealand case study is used to illustrate the long‐term economic impacts of inaction under different SLR projections and recognise critical tolerance thresholds to help exposed property owners plan their future. Modelling scenarios using this integrated approach identified two stand‐out drivers that influence a behavioural response of communities to coastal inundation at the local scale: first, the ongoing likelihood of risk transfer to the insurance industry, and second, the decisions of households and firms to accept risk for the added value of coastal living. Model outputs suggest that the threat posed by coastal hazards drives a behavioural, socio‐economic response that exceeds the initial economic exposure of capital assets. In the economic short term (1–10 years) and medium term (10–20 years), vulnerable communities accept the risk of capital loss and loss of insurability, favouring the amenity of coastal living. However, in the long term (+20 years), economic losses from repeat flooding increase risk‐based insurance premiums, promote insurance withdrawal and drive negative corrections in property valuations. Unanticipated insights were obtained from the modelling, including the likely timing of tolerance thresholds, particularly the insurance withdrawal point, which is critical to insurer/consumer decision‐making and community planning.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesInsufficient payload (model declined to judge)
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.557
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0020.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.001
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.014
GPT teacher head0.231
Teacher spread0.216 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it