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Carolyn Kousky
Fellow
202-328-5188
kousky@rff.org
RESEARCH TOPICS
 
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.
 
Featured Publications
Floodplain Conservation as a Flood Mitigation Strategy: Examining Costs and Benefits
Kousky, C. and M. Walls
Ecological Economics | 104 | pp. 119-128 | Related Discussion Paper 13-22-REV
 
Managing shoreline retreat: a US perspective
Carolyn Kousky
Climatic Change | March 2014
 
Does Federal Disaster Assistance Crowd Out Private Demand for Insurance?
Carolyn Kousky, Erwann O. Michel-Kerjan, and Paul Raschky
Risk Management and Decision Processes Center The Wharton School, University of Pennsylvania 2013-10 | October 2013
 
Informing Climate Adaptation: A Review of the Economic Costs of Natural Disasters
Carolyn Kousky
Energy Economics | Related Discussion Paper 12-28
 
Facts about FEMA Household Disaster Aid: Examining the 2008 Floods and Tornadoes in Missouri
Carolyn Kousky
Weather, Climate, and Society
 
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
 
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
 
Learning from Extreme Events: Risk Perceptions After the Flood
Carolyn Kousky
Land Economics | 2010 | Vol. 86, No. 3 | pp. 395-422
 
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
 
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
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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