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PROFILE | Carolyn Kousky’s research focuses on natural resource management, decisionmaking under uncertainty, and individual and societal responses to natural disaster risk. She has examined how individuals learn about extreme event risk, the demand for natural disaster insurance, and policy responses to potential changes in extreme events with climate change. She is also interested in ecosystem services policy, and has examined the design of incentive-based mechanisms to supply ecosystem services and the use of natural capital to reduce vulnerability to weather-related disasters.
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| Featured Publications | | Strategically Placing Green Infrastructure: Cost-Effective Land Conservation in the Floodplain | | Kousky, C., S. M. Olmstead, M. A. Walls, and M. Macauley | | Environmental Science & Technology | DOI: 10.1021/es303938c | | | | Informing Climate Adaptation: A Review of the Economic Costs of Natural Disasters, Their Determinants, and Risk Reduction Options | | Carolyn Kousky | | RFF Discussion Paper 12-28 | July 2012 | | | | Explaining the Failure to Insure Catastrophic Risks | | Kousky, C. and R. Cooke | | The Geneva Papers on Risk and Insurance - Issues and Practice | Vol. 37, No. 2 | 206-227 | | | | Redistributional Effects of the National Flood Insurance Program | | Bin, O., Bishop, J., and C. Kousky | | Public Finance Review | Vol. 40, No.3 | doi: 10.1177/1091142111432448 | 360-380 | Related Discussion Paper 11-14 | | | | Risk Premia and the Social Cost of Carbon: A Review | | Kousky, C., Kopp, R. E., and R. M. Cooke | | Economics: The Open-Access, Open-Assessment E-Journal | Vol. 5, 2011-21 | | | | Managing Natural Catastrophe Risk: State Insurance Programs in the United States | | Carolyn Kousky | | Review of Environmental Economics and Policy | doi: 10.1093/reep/req020 | Related Discussion Paper 10-30 | | | | Managing Dependencies in Forest Offset Projects: Toward a More Complete Evaluation of Reversal Risk | | David M. Cooley, Christopher S. Galik, Thomas P. Holmes, Carolyn Kousky, Roger M. Cooke | | Mitigation and Adaptation of Strategies for Global Change | 2012 | Vol. 17, No. 1 | pp. 17-24 | | | | Understanding the Demand for Flood Insurance | | Carolyn Kousky | | Natural Hazards Review | May 2011 | Vol. 12, No. 96 | | | | Using Natural Capital to Reduce Disaster Risk | | Carolyn Kousky | | Journal of Natural Resources Policy Research | Vol. 2, No. 4 | 343-356 | | | | Learning from Extreme Events: Risk Perceptions After the Flood | | Carolyn Kousky | | Land Economics | 2010 | Vol. 86, No. 3 | pp. 395-422 | | | | Improving Flood Insurance and Flood Risk Management: Insights from St. Louis, Missouri | | Kousky, C. and H. Kunreuther | | Natural Hazards Review | Vol. 11, No. 4 | pp. 162-172 | Related Discussion Paper 09-07 | | | | Come Rain or Shine: Evidence on Flood Insurance Purchases in Florida | | Erwann Michel-Kerjan and Carolyn Kousky | | Journal of Risk and Insurance | 2010 | Vol. 77, No. 2 | pp. 369-397 | | | | Public-Private Co-Production of Risk: Government Indemnification of the Commercial Space Launch Industry | | Tim Brennan, Carolyn Kousky, and Molly Macauley | | Risk, Hazards & Crisis in Public Policy | 2010 | Vol. 1, Issue 1 | Article 7 | Related Discussion Paper 09-38 | | | | Designing Payments for Ecosystem Services: Lessons from Previous Experience with Incentive-based Mechanisms | | Jack, B. K., C. Kousky, and K. E. Sims | | Proceedings of the National Academy of Sciences | 2008 | Vol. 105, No. 28 | pp. 9465-9470 | | | | Options Contracts for Contingent Takings | | Kousky, C., S. Walsh, and R. Zeckhauser | | Issues in Legal Scholarship | 2007 | Vol. 10 | | | | View All Related Publications |
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SELECTED PRESENTATIONS | | Managing Catastrophic and Dependent Risks: Fat Tails, Tail Dependence, and Micro-Correlations | | Carolyn Kousky, Roger Cooke | | Harvard Environmental Economics Seminar | Rob Stavins | Harvard University | September 23, 2009 | | | | | Climate Change and Extreme Events: Managing Catastrophic and Dependent Risks | | Carolyn Kousky | | TREE Seminar | Duke University, RTI International, and North Carolina State University | Research Triangle Park, NC | November 12, 2009 | | | | | Climate Change and Extreme Events: Managing Catastrophic and Dependent Risks | | Carolyn Kousky | | EDF Climate Change Economics Seminar | Gernot Wagner | Washington, DC | January 7, 2010 | | | | | Reforming the NFIP | | Carolyn Kousky | | Extreme Events Committee | Reinsurance Association of America | New York City | March 15, 2010 | | | | | Tail Risk Heuristics | | Carolyn Kousky, Roger Cooke | | Fiscal Affairs Department Environmental Lunch Seminar | International Monetary Fund | Washington, D.C. | May 13, 2010 | | | | | Insuring Catastrophic Risks | | Carolyn Kousky | | Understanding Risk | The World Bank | Washington, DC | June 2, 2010 | | | | | Using Bayesian Belief Nets for Managing Climate Risk in Long-Lived Water Infrastructure Projects | | Carolyn Kousky | | World Bank | Washington, DC | December 10, 2010 | | | | | Induced development in risky locations: fire suppression and land use in the American West | | Sheila Olmstead | | University of Pennsylvania Law School-Wharton Risk Regulation Seminar | Cary Coglianese | Philadelphia, PA | January 25, 2011 | | | | | Framing Tipping Points | | Carolyn Kousky | | National Council for Science and the Environment 2011 Conference | Washington, D.C. | January 21, 2011 | | | | | The Role of Land Use in Adaptation to Increased Precipitation and Flooding: A Case Study in Wisconsin’s Lower Fox River Basin and Green Bay, Lake Michigan | | Carolyn Kousky | | GeoTools | NOAA | March 21, 2011 | | | | | Discussant for Are Private Defensive Expenditures against Storm Damages Affected by Public Programs and Natural Barriers? | | Carolyn Kousky | | Conference on the Economics of Adaptation to Climate Change in Low-Income Countries | Washington, D.C. | May 18, 2011 | | | | | Adding a Risk Premium to the Social Cost of Carbon | | Carolyn Kousky and Roger Cooke | | May 5, 2011 | | | | | Induced development in risky locations: Fire suppression and land use in the American West | | Sheila Olmstead | | Climate Economics Seminar Series | Environmental Defense Fund | Washington, DC | May 26, 2011 | | | | | Induced Development in Risky Locations: Fire Suppression and Land Use in the American West | | Sheila Olmstead | | AERE Summer Conference | AERE | Seattle, WA | June 9, 2011 | | | | | Induced development in risky locations: fire suppression and land use in the American West | | Carolyn Kousky | | Society for Benefit-Cost Analysis Fourth Annual Conference | Society for Benefit-Cost Analysis | Washington, DC | October 21, 2011 | | | | | Pricing Climate Risks | | r m cooke and C. Kousky | | academic seminar | RFF | May 2, 2011 | | | | | Does Federal Disaster Assistance Create Moral Hazard? Empirical Evidence from the U.S. Flood Insurance Market | | | Society for Government Economists Annual Conference | November 6, 2012 | | | | |
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| RELATED SUBTOPICS | | Climate Adaptation, Disasters, Ecosystem Management, Ecosystem Services, Extreme Events, Flooding, Green Infrastructure, Liability, Regulation, State and U.S. Regional Policies, Wildfire Management |
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