Dr. W.J.W. Botzen

Summary

Wouter Botzen is Assistant Professor at the Department of Environmental Economics, Institute for Environmental Studies (IVM), VU University Amsterdam. He obtained his PhD degree in economics (cum laude) for his thesis on the economics of insurance against climate change. He won the prestigious Junior Societal Impact Award of the VU University in 2010. Wouter is mainly involved in teaching the Master’s course Environmental Economics provided by the institute. With a research grant of NWO (Veni scholarship) he conducts research on individual behaviour under low-probability high-impact climate change scenarios. Wouter is a regular visitor of the Ecological Economics group of the Institute of Environmental Science and Technology (ICTA), Autonomous University of Barcelona. His main research interests are behavioural economics, climate change economics, flood risk management, natural disaster insurance and non-market valuation.

Academic training

Professional employment history

Grants and awards

Selected publications

Botzen, W.J.W. & van den Bergh, J.C.J.M. (2012). Monetary valuation of insurance against flood risk under climate change. International Economic Review [In press].

Botzen, W.J.W. & van den Bergh, J.C.J.M. (2012). Risk attitudes to low-probability climate change risks: WTP for flood insurance. Journal of Economic Behavior and Organization [In press].

Bubeck, P., Botzen, W.J.W. & Aerts, J.C.J.H. (2012). A review of risk perceptions and other factors that influence mitigation behaviour? Risk Analysis [In press].

Botzen, W.J.W., Aerts, J.C.J.H. & van den Bergh, J.C.J.M. (2012). Individual preferences for reducing flood risk to near zero through elevation Mitigation and Adaptation Strategies for Global Environmental Change [In press].

Paudel, Y., Botzen, W.J.W. & Aerts, J.C.J.H. (2012). A comparative study of public-private catastrophe insurance systems: Lessons from current practices. Geneva Papers on Risk and Insurance [In press[.

Botzen, W.J.W. (2012). Book review: At War with the weather. Journal of Risk and Insurance [In press].

Aerts, J.C.J.H. & Botzen, W.J.W. (2011). Climate change impacts on pricing long-term flood insurance: a comprehensive study for the Netherlands. Global Environmental Change, 21, 1045-1060.

Aerts, J.C.J.H. & Botzen, W.J.W. (2011). Climate-resilient waterfront development in New York City: bridging flood insurance, building codes, and flood zoning. Annals of the New York Academy of Sciences, 1227, 1-82.

Bouwer, L.M. & Botzen, W.J.W. (2011). How sensitive are US hurricane damages to climate? Comment on a paper by W.D. Nordhaus. Climate Change Economics, 2(1),1-7.

Botzen, W.J.W. (2011). Alistair Munro: Bounded rationality and public policy: A perspective from behavioural economics. Book Review. Environmental and Resource Economics, 45(2), 305-308.

Botzen, W.J.W. & Marey, P.S. (2010). Did the ECB respond to the stock market before the crisis? Empirical evidence and policy implications. Journal of Policy Modeling, 32(3), 303‑322.

Botzen, W.J.W., Bouwer, L.M. & van den Bergh, J.C.J.M. (2010). Climate change and hailstorm damage: Empirical evidence and implications for agriculture and insurance. Resource and Energy Economics, 32(3), 341‑362.

Botzen, W.J.W., van den Bergh, J.C.J.M. & Bouwer, L.M. (2010). Climate change and increased risk for the insurance sector: A global perspective and an assessment for the Netherlands. Natural Hazards, 52(3), 577‑598.

Botzen, W.J.W., Aerts, J.C.J.H. & van den Bergh, J.C.J.M. (2009). Dependence of flood risk perceptions on socio-economic and objective risk factors. Water Resources Research, 45, W10440.

Botzen, W.J.W., Aerts, J.C.J.H. & van den Bergh, J.C.J.M. (2009). Willingness of homeowners to mitigate climate risk through insurance. Ecological Economics, 68(8-9), 2265‑2277.

Botzen, W.J.W. & van den Bergh, J.C.J.M. (2009). Bounded rationality, climate risks and insurance: Is there a market for natural disasters? Land Economics, 85(2), 266‑279.

Botzen, W.J.W. & van den Bergh, J.C.J.M. (2009). Managing natural disaster risk in a changing climate. Environmental Hazards, 8(3), 209‑225.

Botzen, W.J.W. & van den Bergh, J.C.J.M. (2008). Insurance against climate change and flooding in the Netherlands: Present, future, and comparison with other countries. Risk Analysis, 28(2), 413‑426.

Aerts, J., Botzen, W.J.W., van der Veen, A., Krywkow, J. & Werners, S. (2008). Dealing with uncertainty in flood management through diversification. Ecology and Society, 13(1), 41.

Botzen, W.J.W., Gowdy, J.M. & Bergh, J.C.J.M. van den (2008). Cumulative CO2 emissions: Shifting international responsibilities for climate debt. Climate Policy, 8(6), 569‑576.

Books

Aerts, J.C.J.H., Botzen, W.J.W., Bowman, M.J., Ward, P. & Dircke, P. (eds) (2011). Climate Adaptation and Flood Risk in Coastal Cities. London and New York: Earthscan.

Botzen, W. J. W. (2010). The Economics of Insurance against Climate Change. Doctoral Thesis. Faculty of Economics and Business Administration, VU University Amsterdam, pp. 340 (ISBN 978-90-8659-417-7).

Dutch articles

Botzen, W.J.W. (2011). Verzekeringsmarkten voor natuurrampen en klimaatrisico’s. ESB,96(4612S), 16-22.

Botzen, W.J.W. & Aerts, J.C.J.H. (2010). Het beheersen van overstromingsrisico’s met een publiek-private verzekering. Magazine Nationale Veiligheid en Crisisbeheersing, 8(5), 38-39.

Botzen, W.J.W. & van den Bergh, J.C.J.M. (2009). Overstromingsverzekering in Nederland: Een gat in de markt? Me Judice, 2, 5 augustus.

Botzen, W.J.W. & van den Bergh, J.C.J.M. (2008) Verzekerd van of tegen klimaatverandering? Kwartaalschrift Economie, 5(2), 225‑234.

Aerts, J.C.J.H., Botzen, W.J.W. & Bouwer, L.M. (2008). Rol verzekering binnen een geïntegreerde aanpak van overstromingsrisico’s. Magazine Nationale Veiligheid en Crisisbeheersing, 1(9), 34‑35.

Bouwer, L., Botzen, W.J.W. & Aerts, J. (2007). Klimaatverandering en verzekeren van rampschade. H2O Tijdschrift voor watervoorziening en waterbeheer, 22, 23‑25.