title: Understanding household preferences for hurricane risk mitigation information: evidence from survey responses.
abstract: Risk information is critical to adopting mitigation measures, and seeking risk information is influenced by a variety of factors. An essential component of the recently adopted My Safe Florida Home (MSFH) program by the State of Florida is to provide homeowners with pertinent risk information to facilitate hurricane risk mitigation activities. We develop an analytical framework to understand household preferences for hurricane risk mitigation information through allowing an intensive home inspection. An empirical analysis is used to identify major drivers of household preferences to receive personalized information regarding recommended hurricane risk mitigation measures. A variety of empirical specifications show that households with home insurance, prior experience with damages, and with a higher sense of vulnerability to be affected by hurricanes are more likely to allow inspection to seek information. However, households with more members living in the home and households who live in manufactured/mobile homes are less likely to allow inspection. While findings imply MSFH program's ability to link incentives offered by private and public agencies in promoting mitigation, households that face a disproportionately higher level of risk can get priority to make the program more effective.
authors.affiliation: Department of Economics and Geography, Coggin College of Business, Building 42, Room 3405, University of North Florida, 1 UNF Drive, Jacksonville, FL, USA.
authors.forename: Chiradip
authors.initials: C
authors.lastname: Chatterjee
authors.forename: Pallab
authors.initials: P
authors.lastname: Mozumder
mesh_terms: D003258:Consumer Behavior; D055867:Cyclonic Storms; D003625:Data Collection; D004189:Disaster Planning; D005431:Florida; D040242:Risk Reduction Behavior
keywords: Hurricane; information; risk communication; risk mitigation