Articles | Volume 16, issue 1
https://doi.org/10.5194/nhess-16-1-2016
https://doi.org/10.5194/nhess-16-1-2016
Research article
 | 
15 Jan 2016
Research article |  | 15 Jan 2016

Uncertainty in flood damage estimates and its potential effect on investment decisions

D. J. Wagenaar, K. M. de Bruijn, L. M. Bouwer, and H. de Moel

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Short summary
This paper discusses the differences that are found between flood damage estimation models. Based on an explanation of these differences, a method to quantify the uncertainty in flood damage models is proposed. An uncertainty estimate is made for a case study and the potential implications of uncertainty in flood damage estimation for investment decisions is shown.
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