Keywords
Abstract
Flood buyout outcomes depend on how homeowners respond to compensation offers, risk information, relocation costs, and expectations about future public investment. Game-theoretic modeling provides a framework for analyzing strategic behavior among federal agencies, local governments, and heterogeneous homeowners. This topic links game-theoretic flood buyout analysis with agent-based flood relocation models, allowing both strategic interaction and household-level heterogeneity to be represented. Hyperspectral weak-signal detection remains relevant as a comparative preventive-risk domain because both food contamination detection and flood buyout policy require timely action under uncertain evidence. The literature structure supports policy analysis that accounts for unequal household resources, local government capacity, and incentive compatibility in managed retreat programs.
References
Long, Z., Zia, A., Nelis, J., Rolland, V., & Zhou, J. (2024). A New Hyperspectral Unmixing Benchmark for Weak Signal Meat Contamination Detection. In Proceedings of the International Conference on Digital Image Computing: Techniques and Applications (pp. 569–576). https://doi.org/10.1109/DICTA63115.2024.00088
Zhou, Y. (2022). Pre-disaster relocation and agent-based model for flood disaster [Doctoral dissertation, University of Wisconsin–Madison].
Zhou, Y. (2026). Equity Implications of Federal-Local Cost-Sharing in Flood Buyouts: A Game-Theoretic Analysis with Heterogeneous Homeowners (No. 2602.23379). arXiv.
Hino, M., Field, C. B., & Mach, K. J. (2017). Managed retreat as a response to natural hazard risk. Nature Climate Change, 7, 364–370.
Mach, K. J., Kraan, C. M., Hino, M., et al. (2019). Managed retreat through voluntary buyouts of flood-prone properties. Science Advances, 5(10), eaax8995.
Siders, A. R. (2019). Social justice implications of US managed retreat buyout programs. Climatic Change, 152, 239–257.
Elliott, J. R., Brown, P. L., & Loughran, K. (2020). Racial inequities in federal buyouts of flood-prone homes. Socius, 6, 1–15.
Osborne, M. J., & Rubinstein, A. (1994). A Course in Game Theory. MIT Press.
Tesfatsion, L. (2006). Agent-based computational economics. Handbook of Computational Economics, 2, 831–880.
Aerts, J. C. J. H. (2018). A review of cost estimates for flood adaptation. Water, 10(11), 1646.