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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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OTHER PUBLICATIONS | | Goings On | | James Smith, Anthony Paul, Carolyn Fischer, James W. Boyd, Elisheba Beia Spiller, Sheila M. Olmstead, Molly K. Macauley, Phil Sharp, Carolyn Kousky, Raymond J. Kopp, Dallas Burtraw, Alan J. Krupnick, Yusuke Kuwayama , P. Lynn Scarlett, Karen L. Palmer | | Resources | 2012 (181) | | | | | Hurricane Sandy, Storm Surge, and the National Flood Insurance Program: A Primer on New York and New Jersey | | Carolyn Kousky, Erwann Michel-Kerjan | | Issue Brief 12-08 | November 2012 | | | | | The Realities of Federal Disaster Aid: The Case of Floods | | Carolyn Kousky, Leonard A. Shabman | | Issue Brief 12-02 | April 2012 | | | | | Resources Magazine: 179 | | James W. Boyd, Joel Darmstadter, Winston Harrington, Raymond J. Kopp, Carolyn Kousky, Joshua Linn, Sheila M. Olmstead, Juha V. Siikamäki, Phil Sharp | | Resources | 2012 (179) | | | | | Unnatural Disasters? | | Sheila M. Olmstead, Carolyn Kousky | | Resources | 2012 (179) | | | | | Inside RFF | | Molly K. Macauley, Alan J. Krupnick, Yusuke Kuwayama , Carolyn Kousky, Elisheba Beia Spiller, Roger M. Cooke, James W. Boyd, Jintao Xu, Jared Carbone, James Smith, W. Reed Walker, Michael Madowitz, Alison Sexton, Junjie Zhang | | Resources | 2012 (179) | | | | | Guest commentary: The economics of flooding | | Carolyn Kousky and Richard Zeckhauser | | St. Louis Post-Dispatch | | | | | Resources Magazine | | Joseph E. Aldy, John W. Anderson, Lynann Butkiewicz, Mark A Cohen, Roger M. Cooke, Arthur G. Fraas, Madeline Gottlieb, Kristin Hayes, Carolyn Kousky, Joshua Linn, Molly K. Macauley, Richard D. Morgenstern, Daniel F. Morris, Timothy Murphy, Nigel Purvis, Leslie Richardson, Nathan Richardson, Heather L. Ross, P. Lynn Scarlett, Adam Stern, Andrew R Stevenson | | Resources | Winter/Spring 2011 (177) | | | | | Managing the Risks of Deepwater Drilling | | Carolyn Kousky | | Resources | Winter/Spring 2011 (177) | | | | | Using Bayesian Belief Nets for Managing Climate Risk in Long-Lived Water Infrastructure Projects | | Roger Cooke, Carolyn Kousky | | Background paper for the World Bank | | | | | Adapting to Extreme Events: Managing Fat Tails | | Carolyn Kousky, Roger M. Cooke | | Issue Brief 10-12 | May 2010 | | | | | Climate Dependencies and Risk Management: Microcorrelations and Tail Dependence | | Roger M. Cooke, Carolyn Kousky | | Issue Brief 10-13 | May 2010 | | | | | Reforming the National Flood Insurance Program | | Carolyn Kousky | | Issue Brief 10-01 | February 2010 | | | | | Are Catastrophes Insurable? | | Roger M. Cooke, Carolyn Kousky | | Resources | Summer 2009 (172) | | | | | Resources 172 - Summer 2009 | | Phil Sharp, Roger M. Cooke, Carolyn Kousky, J. Clarence Davies, Sandra A. Hoffmann | | Resources | Summer 2009 (172) | | | | | What the Feds Can Do about Hurricanes | | Roger Cooke and Carolyn Kousky | | St. Petersburg Times | May 31, 2009 | | | | | Costs and Risks are Escalating | | C. Kousky | | St. Louis Post-Dispatch | | | | | Choosing From the Policy Toolbox | | Kousky, C. | | Ecosystem Marketplace | | | | |
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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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