-attributed flood impacts. Here, we use climate change attribution science paired with hydrological flood models to estimate climate … change-attributed flood depths and damages during Hurricane Harvey in Harris County, Texas. We then combine this information …

This paper studies whether private adaptation to flood risk is economically efficient. We estimate the return to … the universe of houses and flood damages in high-risk flood zones in the Atlantic and Gulf Coast United States. We find … that undertaking adaptation is socially optimal in the highest risk areas over a house's lifetime, but that individual …

disaster risk reduction and climate adaptation in Bangladesh, a country with a very high exposure to weather risk. We use a … comprehensive dataset for the 483 subdistricts (Upazilas) in Bangladesh, tracking disaster risk reduction and adaptation funding … allocation decisions. We find that flood hazard risk and socio-economic vulnerability are both positively correlated with the sub …

behavior, For this purpose, we exploit a natural experiment stemming from the European Flood of August 2002, Combining micro … data with geo-coded flood maps allows us to analyze the causal impact of flood exposure on household savings within a … differences-in-differences setting, We find that flood exposure depresses household saving behavior in the medium run, The most …

-probability extreme events on environmental policy in a continuous-time real options model with "tail risk". In a nutshell, our results … indicate the importance of tail risk and call for foresighted pre-emptive climate policies. -- climate policy ; extreme events …

Using an economic model to assess welfare risk and resilience to disasters, this paper systematically tackles the … questions: 1) How much asset and welfare risks does each region in the Philippines face from riverine flood disasters? 2) How … resilient is each region to riverine flood disasters? and 3) What are the available interventions per region to strengthen …

of natural disaster insurance in adapting to climate change. This chapter reviews current challenges in both public and … private natural disaster insurance markets in the United States and how the nature of these challenges has changed over the … complicate both the supply of and demand for natural disaster insurance, with spillovers to related markets such as real estate …

the rounds after the loss. These results have important policy implications, e.g., for the optimal design of flood risk …Although natural hazard insurance is advocated as an important means of risk management, private insurance demand often … of natural hazard insurance schemes in Europe. We draw on two very different samples: First, we run a laboratory …