{"id":"https://openalex.org/W7221811684","doi":"https://doi.org/10.1016/j.landusepol.2026.108377","title":"Behavioural limits of market-led flood-risk allocation: Loss normalisation, investment discounting and planning-led land-use governance in urban China","display_name":"Behavioural limits of market-led flood-risk allocation: Loss normalisation, investment discounting and planning-led land-use governance in urban China","publication_year":2026,"publication_date":"2026-10-14","ids":{"openalex":"https://openalex.org/W7221811684","doi":"https://doi.org/10.1016/j.landusepol.2026.108377"},"language":"en","primary_location":{"id":"doi:10.1016/j.landusepol.2026.108377","doi":"https://doi.org/10.1016/j.landusepol.2026.108377","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.landusepol.2026.108377","pdf_url":null,"source":{"id":"https://openalex.org/S80485027","display_name":"Land Use Policy","issn_l":"0264-8377","issn":["0264-8377","1873-5754"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","dongbi-a","jufo-2","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Land Use Policy","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://doi.org/10.1016/j.landusepol.2026.108377","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5135891658","display_name":"Ziqing Lin","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I142263535","display_name":"University of Nottingham","ror":"https://ror.org/01ee9ar58","country_code":"GB","type":"education","lineage":["https://openalex.org/I142263535"]},{"id":"https://openalex.org/I155043079","display_name":"University of Nottingham Malaysia Campus","ror":"https://ror.org/04mz9mt17","country_code":"MY","type":"education","lineage":["https://openalex.org/I142263535","https://openalex.org/I155043079"]}],"countries":["GB","MY"],"is_corresponding":true,"raw_author_name":"Ziqing Lin","raw_affiliation_strings":["Nottingham Business School, University of Nottingham, 43500, Malaysia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Nottingham Business School, University of Nottingham, 43500, Malaysia","institution_ids":["https://openalex.org/I142263535","https://openalex.org/I155043079"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5083893240","display_name":"Jayalakshmy Ramachandran","orcid":"https://orcid.org/0000-0001-5760-7645","observed_orcids":["https://orcid.org/0000-0001-5760-7645"]},"institutions":[{"id":"https://openalex.org/I142263535","display_name":"University of Nottingham","ror":"https://ror.org/01ee9ar58","country_code":"GB","type":"education","lineage":["https://openalex.org/I142263535"]},{"id":"https://openalex.org/I155043079","display_name":"University of Nottingham Malaysia Campus","ror":"https://ror.org/04mz9mt17","country_code":"MY","type":"education","lineage":["https://openalex.org/I142263535","https://openalex.org/I155043079"]}],"countries":["GB","MY"],"is_corresponding":false,"raw_author_name":"Jayalakshmy Ramachandran","raw_affiliation_strings":["Nottingham Business School, University of Nottingham, 43500, Malaysia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Nottingham Business School, University of Nottingham, 43500, Malaysia","institution_ids":["https://openalex.org/I142263535","https://openalex.org/I155043079"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5135882799","display_name":"Kah Mun Au","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I142263535","display_name":"University of Nottingham","ror":"https://ror.org/01ee9ar58","country_code":"GB","type":"education","lineage":["https://openalex.org/I142263535"]},{"id":"https://openalex.org/I155043079","display_name":"University of Nottingham Malaysia Campus","ror":"https://ror.org/04mz9mt17","country_code":"MY","type":"education","lineage":["https://openalex.org/I142263535","https://openalex.org/I155043079"]}],"countries":["GB","MY"],"is_corresponding":false,"raw_author_name":"Kah Mun Au","raw_affiliation_strings":["Nottingham Business School, University of Nottingham, 43500, Malaysia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Nottingham Business School, University of Nottingham, 43500, Malaysia","institution_ids":["https://openalex.org/I142263535","https://openalex.org/I155043079"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5135891658"],"corresponding_institution_ids":["https://openalex.org/I142263535","https://openalex.org/I155043079"],"apc_list":{"value":3830,"currency":"USD","value_usd":3830},"apc_paid":{"value":3830,"currency":"USD","value_usd":3830},"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.82662513,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"172","issue":null,"first_page":"108377","last_page":"108377"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10930","display_name":"Flood Risk Assessment and Management","score":0.9053000211715698,"subfield":{"id":"https://openalex.org/subfields/2306","display_name":"Global and Planetary Change"},"field":{"id":"https://openalex.org/fields/23","display_name":"Environmental Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T10930","display_name":"Flood Risk Assessment and Management","score":0.9053000211715698,"subfield":{"id":"https://openalex.org/subfields/2306","display_name":"Global and Planetary Change"},"field":{"id":"https://openalex.org/fields/23","display_name":"Environmental Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10632","display_name":"Housing Market and Economics","score":0.06700000166893005,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10747","display_name":"Disaster Management and Resilience","score":0.003700000001117587,"subfield":{"id":"https://openalex.org/subfields/3312","display_name":"Sociology and Political Science"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/urban-flood-risk","display_name":"urban flood risk","score":0.8790000081062317},{"id":"https://openalex.org/keywords/housing-purchase-intention","display_name":"housing purchase intention","score":0.9549999833106995},{"id":"https://openalex.org/keywords/theory-of-planned-behavior","display_name":"theory of planned behavior","score":0.8119999766349792},{"id":"https://openalex.org/keywords/risk-perception","display_name":"risk perception","score":0.5839999914169312},{"id":"https://openalex.org/keywords/optimism-bias","display_name":"optimism bias","score":0.7739999890327454},{"id":"https://openalex.org/keywords/habituation","display_name":"habituation","score":0.875},{"id":"https://openalex.org/keywords/land-use-planning","display_name":"land use planning","score":0.8140000104904175},{"id":"https://openalex.org/keywords/climate-change-adaptation","display_name":"climate change adaptation","score":0.7279999852180481},{"id":"https://openalex.org/keywords/chinese-housing-market","display_name":"Chinese housing market","score":0.5540000200271606},{"id":"https://openalex.org/keywords/coastal-flood-risk","display_name":"coastal flood risk","score":0.3869999945163727}],"concepts":[{"id":"https://openalex.org/C74256435","wikidata":"https://www.wikidata.org/wiki/Q134052","display_name":"Flood myth","level":2,"score":0.5763000249862671},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5361999869346619},{"id":"https://openalex.org/C6177178","wikidata":"https://www.wikidata.org/wiki/Q10998070","display_name":"Discounting","level":2,"score":0.5080999732017517},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.46880000829696655},{"id":"https://openalex.org/C49545453","wikidata":"https://www.wikidata.org/wiki/Q69883","display_name":"Urban planning","level":2,"score":0.4025999903678894},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.39070001244544983},{"id":"https://openalex.org/C2777420705","wikidata":"https://www.wikidata.org/wiki/Q5460072","display_name":"Flood mitigation","level":3,"score":0.364300012588501},{"id":"https://openalex.org/C49261128","wikidata":"https://www.wikidata.org/wiki/Q1132455","display_name":"Hazard","level":2,"score":0.34700000286102295},{"id":"https://openalex.org/C198477413","wikidata":"https://www.wikidata.org/wiki/Q7647069","display_name":"Survey data collection","level":2,"score":0.34549999237060547},{"id":"https://openalex.org/C2776294082","wikidata":"https://www.wikidata.org/wiki/Q7098963","display_name":"Optimism bias","level":3,"score":0.33709999918937683},{"id":"https://openalex.org/C204017024","wikidata":"https://www.wikidata.org/wiki/Q485446","display_name":"Optimism","level":2,"score":0.3328000009059906},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.33149999380111694},{"id":"https://openalex.org/C153083717","wikidata":"https://www.wikidata.org/wiki/Q6535263","display_name":"Leverage (statistics)","level":2,"score":0.30140000581741333},{"id":"https://openalex.org/C2778865806","wikidata":"https://www.wikidata.org/wiki/Q6060850","display_name":"Investment decisions","level":3,"score":0.2978000044822693},{"id":"https://openalex.org/C100001284","wikidata":"https://www.wikidata.org/wiki/Q2248246","display_name":"Public economics","level":1,"score":0.2973000109195709},{"id":"https://openalex.org/C175605778","wikidata":"https://www.wikidata.org/wiki/Q3299701","display_name":"Natural resource economics","level":1,"score":0.2955999970436096},{"id":"https://openalex.org/C103144560","wikidata":"https://www.wikidata.org/wiki/Q2670999","display_name":"Investment strategy","level":3,"score":0.2955000102519989},{"id":"https://openalex.org/C39853841","wikidata":"https://www.wikidata.org/wiki/Q161078","display_name":"Urbanization","level":2,"score":0.29440000653266907},{"id":"https://openalex.org/C186594467","wikidata":"https://www.wikidata.org/wiki/Q1429176","display_name":"Flooding (psychology)","level":2,"score":0.28380000591278076},{"id":"https://openalex.org/C178562925","wikidata":"https://www.wikidata.org/wiki/Q186412","display_name":"Time preference","level":2,"score":0.2824999988079071},{"id":"https://openalex.org/C191935318","wikidata":"https://www.wikidata.org/wiki/Q148","display_name":"China","level":2,"score":0.2736999988555908},{"id":"https://openalex.org/C71104824","wikidata":"https://www.wikidata.org/wiki/Q1476639","display_name":"Structural equation modeling","level":2,"score":0.26350000500679016},{"id":"https://openalex.org/C83864248","wikidata":"https://www.wikidata.org/wiki/Q177323","display_name":"Developing country","level":2,"score":0.2563999891281128},{"id":"https://openalex.org/C2776036281","wikidata":"https://www.wikidata.org/wiki/Q48769818","display_name":"Constraint (computer-aided design)","level":2,"score":0.250900000333786}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1016/j.landusepol.2026.108377","doi":"https://doi.org/10.1016/j.landusepol.2026.108377","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.landusepol.2026.108377","pdf_url":null,"source":{"id":"https://openalex.org/S80485027","display_name":"Land Use Policy","issn_l":"0264-8377","issn":["0264-8377","1873-5754"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","dongbi-a","jufo-2","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Land Use Policy","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.1016/j.landusepol.2026.108377","doi":"https://doi.org/10.1016/j.landusepol.2026.108377","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.landusepol.2026.108377","pdf_url":null,"source":{"id":"https://openalex.org/S80485027","display_name":"Land Use Policy","issn_l":"0264-8377","issn":["0264-8377","1873-5754"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","dongbi-a","jufo-2","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Land Use Policy","raw_type":"journal-article"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/11","score":1.0,"display_name":"Sustainable cities and communities"}],"sustainable_development_goals_aurora":[],"study_designs":[{"id":"https://openalex.org/study-designs/observational-study","display_name":"Observational Study"}],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":62,"referenced_works":["https://openalex.org/W1498914861","https://openalex.org/W1576177147","https://openalex.org/W1846538101","https://openalex.org/W1865260393","https://openalex.org/W1950669244","https://openalex.org/W1972859821","https://openalex.org/W1979422830","https://openalex.org/W1987258794","https://openalex.org/W2004796108","https://openalex.org/W2012214138","https://openalex.org/W2038702827","https://openalex.org/W2041779651","https://openalex.org/W2066304960","https://openalex.org/W2071666535","https://openalex.org/W2081714882","https://openalex.org/W2091069417","https://openalex.org/W2099697766","https://openalex.org/W2105846236","https://openalex.org/W2106096361","https://openalex.org/W2106631535","https://openalex.org/W2119603709","https://openalex.org/W2122912498","https://openalex.org/W2123785876","https://openalex.org/W2133442382","https://openalex.org/W2136639363","https://openalex.org/W2145046219","https://openalex.org/W2157575844","https://openalex.org/W2157782533","https://openalex.org/W2165178382","https://openalex.org/W2170589321","https://openalex.org/W2605579213","https://openalex.org/W2738329514","https://openalex.org/W2779065123","https://openalex.org/W2789483149","https://openalex.org/W2792984451","https://openalex.org/W2890084430","https://openalex.org/W2892590612","https://openalex.org/W3003335344","https://openalex.org/W3099686470","https://openalex.org/W3122490899","https://openalex.org/W3125935721","https://openalex.org/W3154826495","https://openalex.org/W3164961443","https://openalex.org/W3176026239","https://openalex.org/W3211010997","https://openalex.org/W3213911596","https://openalex.org/W3214835799","https://openalex.org/W4205347522","https://openalex.org/W4210287559","https://openalex.org/W4232964083","https://openalex.org/W4235678817","https://openalex.org/W4321112068","https://openalex.org/W4321351927","https://openalex.org/W4377832203","https://openalex.org/W4390428399","https://openalex.org/W4399789608","https://openalex.org/W4403978005","https://openalex.org/W4408521277","https://openalex.org/W4409589490","https://openalex.org/W4412845358","https://openalex.org/W4414478426","https://openalex.org/W4416948815"],"related_works":[],"abstract_inverted_index":{"Whether":[0],"recurrent":[1],"flood":[2,90,107,189],"exposure":[3],"deters":[4],"demand":[5],"for":[6,24,126,221],"flood-exposed":[7,212],"urban":[8,38,63,89,213],"land,":[9,214],"a":[10,21,58,81,95,103,172,218],"deterrence":[11],"logic":[12],"well":[13],"established":[14],"in":[15,71,223],"mature":[16],"Anglo-American":[17],"property":[18],"markets,":[19,40],"is":[20,179],"growing":[22],"consideration":[23],"land-use":[25,127],"planning":[26,222],"under":[27,88],"climate":[28],"change.":[29],"This":[30],"question":[31],"travels":[32],"poorly":[33],"to":[34,207,217],"dense,":[35],"platform-mediated":[36],"Chinese":[37],"housing":[39,85],"where":[41],"households":[42],"face":[43],"repeated":[44],"flooding":[45],"at":[46],"first":[47],"hand":[48],"while":[49,137],"statutory":[50],"hazard":[51],"disclosure":[52],"remains":[53],"comparatively":[54],"thin.":[55],"Drawing":[56],"on":[57],"pan-Chinese":[59],"survey":[60],"of":[61,84,115],"505":[62],"residents":[64],"across":[65],"29":[66],"provinces,":[67],"with":[68,182],"52":[69],"%":[70],"the":[72,112,148,169,176,198],"coastal":[73],"high-flood-risk":[74],"belt,":[75],"this":[76],"paper":[77],"develops":[78],"and":[79,111,158,164,187],"tests":[80],"structural":[82,119],"model":[83,93],"purchase":[86,134],"intention":[87,135],"risk.":[91],"The":[92],"integrates":[94],"loss-normalisation":[96],"block":[97,105],"(perceived":[98,106],"loss":[99,131],"tolerability,":[100],"investment":[101,138],"discounting),":[102],"risk-cognition":[104],"risk,":[108],"flood-information":[109],"salience)":[110],"proximal":[113],"theory":[114],"planned":[116],"behaviour.":[117],"Covariance-based":[118],"equation":[120],"modelling":[121],"yields":[122],"three":[123],"findings":[124],"consequential":[125],"planning.":[128],"First,":[129],"perceived":[130,162],"tolerability":[132],"raises":[133,140],"directly,":[136],"discounting":[139],"it":[141],"through":[142],"attitude,":[143],"so":[144],"that":[145,201],"both":[146,166],"absorb":[147],"flood-risk":[149],"signal":[150],"rather":[151],"than":[152],"transmitting":[153],"deterrence.":[154],"Second,":[155],"recurrent-event":[156],"habituation":[157],"optimism":[159],"bias":[160],"depress":[161],"risk":[163],"feed":[165],"mechanisms,":[167],"giving":[168],"levee":[170],"effect":[171],"micro-level":[173],"foundation.":[174],"Third,":[175],"attitude-to-intention":[177],"path":[178],"not":[180,192],"significant,":[181],"subjective":[183],"norm":[184],"dominating":[185],"intention,":[186],"objective":[188],"knowledge":[190],"does":[191],"moderate":[193],"these":[194],"effects.":[195],"Taken":[196],"together,":[197],"results":[199],"suggest":[200],"demand-side":[202],"responses":[203],"alone":[204],"are":[205],"unlikely":[206],"steer":[208],"development":[209],"away":[210],"from":[211],"which":[215],"points":[216],"larger":[219],"role":[220],"risk-sensitive":[224],"land":[225],"allocation.":[226]},"counts_by_year":[],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2026-10-15T00:00:00"}
