We employ a two-stage random utility model (RUM) to estimate people’ marginal willingness to pay (WTP) for enhancing community-level floodplain management activities reflected in the National flood insurance program (NFIP)’s Community Rating System (CRS) program. CRS is a voluntary program,...

This paper employs a two-stage residential sorting model to examine climate change impacts on residential location choices in the US. The estimated coefficients are used to simulate population changes and US migration patterns across regions under hypothetical changes in climate. The main...