Rayhan, I: Assessing Household Vulnerability and Coping Stra

households affected by monsoon flood, whereas flash flood worsens households¿ covariate vulnerability. Households involved with agriculture are found to be more vulnerable than other income groups. The `vulnerability to expected utility¿ approach illustrates that elimination of poverty would increase household welfare and thus lessen vulnerability the most. Poverty and idiosyncratic flood risks are positively correlated and highly significant. Households with higher educated members, being male-headed and owner of a dwelling place have been found to be less vulnerable to idiosyncratic flood risks. Possession of arable land and a small family size can reduce poverty and the aggregate flood risk. The vulnerability of households from flooded regions, estimated by the `vulnerability to poverty line¿ and the Monte Carlo Bootstrap methodologies, shows higher values compared to actual poverty rates. In this study, stationary environment is assumed with measurement errors in cross sectional surveyed data, so that the `vulnerability to expected utility¿ approach demonstrates better results and closer estimates with respect to actual poverty levels after floods than the other three methodologies. This study also deals with the query whether crop diversification would be an option for mitigating flood risk for farmers and concludes with the finding that mix-crop culture with cash and staple crops would lessen households¿ vulnerability. In the time of the flooding, rural people in Bangladesh suffer from the lingering effects of labor market disruption, price fluctuations, and consumption deficiency. Households initiate coping with borrowing money after the realization of floods and gradually lead to cope with savings and selling assets as the duration of flood increases, which is illustrated from a tobit model approach. In addition, empirical analyses explain that the decision to migrate is often guided by the aspiration to replenish asset values damaged by the floods, as ruralurban migration emerges as a source of credit. Participation in social networks plays an important role for the households during flood crisis to get information about potential host areas for migration.