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RISK MANAGEMENT
While the field of risk analysis has grown dramatically over the past several decades, there remains a substantial gap between theoretical advances in risk and uncertainty assessment and effective application to real world policy. Current research at Resources for the Future works to bridge this gap, focusing on the methodology of quantifying and communicating uncertainty, and its application to policy challenges.
Methodological research focuses on areas like structured expert judgment, modeling risk dependencies, and the use Bayesian belief nets to provide a graphical visualization of uncertainty and its linkages. These techniques are being applied to illuminate policy challenges related to air pollution regulation, food safety, invasive species, civil aviation, and the transmission of diseases from wildlife to humans.
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| PUBLICATIONS | | 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 | | | | Policy Response to Pandemic Influenza: The Value of Collective Action | | Georgiy Bobashev, Maureen L. Cropper, Joshua Epstein, Michael Goedecke, Stephen Hutton, Mead Over | | RFF Discussion Paper 11-41 | September 2011 | | | | Risk Premia and the Social Cost of Carbon: A Review | | Carolyn Kousky, Robert E. Kopp, and Roger M. Cooke | | Economics Discussion Paper No 2011-1 | June 21, 2011 | | | | Climate Policy Design with Correlated Uncertainties in Offset Supply and Abatement Cost | | Harrison Fell, Dallas Burtraw, Richard D. Morgenstern, Karen L. Palmer | | RFF Discussion Paper 10-01-REV | June 2011 | | Related journal article | | | | 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 | | | | Cost-Benefit Analysis and the Commodity Futures Trading Commission (CFTC) | | William P. Albrecht | | RFF Discussion Paper 11-24 | May 2011 | | | | View All Related Publications |
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| EVENTS | | Managing Extreme Events in our Rivers and Coastal Areas | | Wednesday, September 14, 2011 | | William K. Reilly: One Year After the Deepwater Horizon Disaster: The Path to Safe Offshore Drilling | | Monday, May 16, 2011 | | Can Greater Use of Economic Analysis Improve Regulatory Policy at Independent Regulatory Agencies? | | Thursday, April 07, 2011 | | Deepwater Drilling: Recommendations for a Safer Future | | Wednesday, April 06, 2011 | | Managing the Risk of Extreme Weather Events in a Changing Climate | | Wednesday, February 03, 2010 | | View All Related Events |
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| RELATED SUBTOPICS | | Disasters, Disease, Food safety, Health valuation, Liability, Nuclear waste, Public disclosure, Risk analysis, Risk regulation, Superfund, Uncertainty |
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