气候变化领域集成服务门户(CCPortal): The cognitive and experiential effects of flood risk framings and experience, and their influence on adaptation investment behaviour

CCPortal

DOI	10.1016/j.crm.2021.100359
	The cognitive and experiential effects of flood risk framings and experience, and their influence on adaptation investment behaviour
	Markanday A.; Galarraga I.
发表日期	2021
ISSN	2212-0963
卷号	34
英文摘要	This study explores how decision makers invest in adaptation to protect against flood risks in response to a) different framings of flood risk information, and b) after experiencing losses from a hypothetical flood event. An incentivised economic lab experiment is conducted on a sample of students in Bilbao (Basque Country, Spain). A 2 × 2 between-subject design is used to measure investment behaviour with and without exposure to a flood risk map and after exposure to impacts framed as economic losses versus number of persons affected. Experience is measured through a 2-period repeated game within-subject design. Flood risk maps and impacts framed as number of persons affected were conducive to more experiential forms of decision-making, while decisions based on impacts framed as economic losses were more cognitive in nature. Those that saw text-only framings used a combination of cognitive and experiential factors for making decisions. While exposure to maps evoked more affect-driven responses, they were associated with lower ratings of positive affect and self-efficacy, and resulted in lower investments in protection compared to text-only framings. Greater experiential processing was found for impact framings based on persons affected, but they were not especially effective at increasing personal relevance of the issue or in driving investments. Individuals who experienced losses from a hypothetical flood event had greater ratings of negative affect, and made subsequent decisions that were more affect-driven in nature. In contrast, individuals who did not experience losses had greater ratings of positive affect, and made subsequent decisions based on primarily cognitive factors. Investments in protection reduced for those who did not experience losses, and remained the same for those who did experience losses. Results suggest that changes in adaptation investments between decision points may be dependent on both the experience (or lack thereof) of losses, as well as the extent to which individuals were risk-averse or risk-taking in previous investment decisions. © 2021
英文关键词	Climate change adaptation; Flood risk; Lab experiment; Risk communication
语种	英语
来源期刊	Climate Risk Management
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/256126
作者单位	Basque Centre for Climate Change (BC3), Parque Cientifico UPV/EHU, Leioa, Spain; Universidad del País Vasco Departamento de Fundamentos del Análisis Económico, Spain
推荐引用方式 GB/T 7714	Markanday A.,Galarraga I.. The cognitive and experiential effects of flood risk framings and experience, and their influence on adaptation investment behaviour[J],2021,34.
APA	Markanday A.,&Galarraga I..(2021).The cognitive and experiential effects of flood risk framings and experience, and their influence on adaptation investment behaviour.Climate Risk Management,34.
MLA	Markanday A.,et al."The cognitive and experiential effects of flood risk framings and experience, and their influence on adaptation investment behaviour".Climate Risk Management 34(2021).