Fig. 1: Impact of uncertainty on flood hazards and damages.
From: Neglecting uncertainties biases house-elevation decisions to manage riverine flood risks
a Exceedance probability loss curves under the considering-uncertainty (red line and bounds) and ignoring-uncertainty (blue line) assumptions. The shaded red area indicates the 90% credible intervals of the considering-uncertainty assumption. b Expected annual damages (EAD) is the area under the exceedance probability loss curve that indicates damage versus flood probability. c The resulting EADs are compared in this panel. The narrow line on the red bar indicates the range of uncertainty in EAD. d Return levels of the two assumptions are compared. e Comparison of the distribution of 500-year flood under uncertainty (red line and shaded area) with the 500-year flood estimate under the ignoring-uncertainty assumption.
