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Testing Reporting Bias In The Florida Sinkhole Database, Spencer Fleury Ph.D., Steve Carson, Robert Brinkmann Ph.D.
Testing Reporting Bias In The Florida Sinkhole Database, Spencer Fleury Ph.D., Steve Carson, Robert Brinkmann Ph.D.
Spencer Fleury Ph.D.
The sinkhole database of the Florida Geologic Survey (FGS) is the primary publicly-accessible database of recent sinkhole occurrence and distribution. However, it does not use a consistent and predictable approach to recording sinkhole occurrences. Thus, the possibility exists that the database is largely a reflection of the distribution of people in sinkhole-prone areas of Florida, rather than a true enumeration of all sinkholes that occur. In order to assess the validity of the data contained within the database, a comparison was made of population distribution and sinkhole occurrences. The results indicate that sinkhole reporting is not associated with population distribution, …
Are Home Values Affected By Sinkhole Proximity? Results Of A Hedonic Price Model, Spencer Fleury Ph.D.
Are Home Values Affected By Sinkhole Proximity? Results Of A Hedonic Price Model, Spencer Fleury Ph.D.
Spencer Fleury Ph.D.
Though they lack the high profile and sheer destructive force of hurricanes, floods, and other natural hazards, sinkholes have on occasion generated significant damage to buildings, roads, and other human-built structures, and should be considered natural hazards in their own right. In sinkhole-prone areas where market insurance against sinkhole damage is available, economic theory suggests that homes located there should be valued somewhat lower than homes located in areas where sinkholes are rare or nonexistent, in recognition of both the risk faced by the homeowner in a sinkhole-prone area, and the cost of insuring one’s property against that risk. Working …