Prof. dr. Wouter Botzen

Adam Smith Hall (AA)
Kriekenpitplein 21-22
3584 EC Utrecht

Prof. dr. Wouter Botzen

Associate Professor
Economics
w.j.w.botzen@uu.nl

Publications

2022

Scholarly publications

Botzen, W. (2022). Perceptions of Catastrophic Climate Risks. In A. Siegmann (Ed.), Climate of the Middle (pp. 11-22). (Springer Briefs in Climate Studies). Springer.
de Ruig, L. T., Haer, T., de Moel, H., Brody, S. M., Botzen, W., Czajkowski, J., & Aerts, J. C. J. H. (Accepted/In press). How the U.S. can benefit from risk-based premiums combined with flood protection. Nature Climate Change.
de Ruig, L. T., Haer, T., de Moel, H., Brody, S. M., Botzen, W., Czajkowski, J., & Aerts, J. C. J. H. (Accepted/In press). Climate proofing the National Flood Insurance Program. Nature Climate Change.
Estrada, F., Mendoza, A., Calderon-Bustamante, O., & Botzen, W. (Accepted/In press). Impacts and economic costs of climate change on the Mexican agriculture. Regional Environmental Change.
Rufat, S., & Botzen, W. J. W. (2022). Drivers and dimensions of flood risk perceptions: Revealing an implicit selection bias and lessons for communication policies. Global Environmental Change, 73, [102465]. https://doi.org/10.1016/j.gloenvcha.2022.102465
Botzen, W. J. W., Duijndam, S. J., Robinson, P. J., & van Beukering, P. (Accepted/In press). Behavioral biases and heuristics in perceptions of COVID-19 risks and prevention decisions. Risk Analysis. https://doi.org/10.1111/risa.13882
de Ruig, L. T., Haer, T., de Moel, H., Orton, P., Botzen, W. J. W., & Aerts, J. C. J. H. (Accepted/In press). An agent-based model for evaluating reforms of the National Flood Insurance Program: A benchmarked model applied to Jamaica Bay, NYC. Risk Analysis. https://doi.org/10.1111/risa.13905
Janssen, A., Botzen, W., Dijk, J., & Duijm, P. (2022). Overcoming misleading carbon footprints in the financial sector. Climate Policy, 22(6), 817-822. https://doi.org/10.1080/14693062.2022.2083548
Botzen, W., & Kunreuther, H. (2022). Role of insurance in reducing losses from disasters. In Routledge Handbook of Environmental Hazards and Society (pp. 521-533). Taylor and Francis/Balkema. https://doi.org/10.4324/9780367854584-38
van Ginkel, K. C. H., Haasnoot, M., & Wouter Botzen, W. J. (2022). A stepwise approach for identifying climate change induced socio-economic tipping points. Climate Risk Management, 37, [100445]. https://doi.org/10.1016/j.crm.2022.100445
Rufat, S., de Brito, M. M., Fekete, A., Comby, E., Robinson, P. J., Armaş, I., Botzen, W. J. W., & Kuhlicke, C. (2022). Surveying the surveyors to address risk perception and adaptive-behaviour cross-study comparability. Natural Hazards and Earth System Sciences, 22(8), 2655-2672. https://doi.org/10.5194/nhess-22-2655-2022
Robinson, P. J., & Botzen, W. J. W. (2022). Behavioral insights into the causes of underinsurance against flood risks: Experimental evidence from the Netherlands. In Coastal Flood Risk Reduction: The Netherlands and the U.S. Upper Texas Coast (pp. 119-136). Elsevier. https://doi.org/10.1016/B978-0-323-85251-7.00010-X
Estrada, F., Calderón-Bustamante, O., Botzen, W., Velasco, J. A., & Tol, R. S. J. (2022). AIRCC-Clim: A user-friendly tool for generating regional probabilistic climate change scenarios and risk measures. Environmental Modelling and Software, 157, [105528]. https://doi.org/10.1016/j.envsoft.2022.105528
Zhang, J., Czajkowski, J., Botzen, W., Robinson, P., & Tesselaar, M. (2022). Assessing the drivers of intrinsically complex hurricane insurance purchases: Lessons learned from survey data in Florida . In J. M. Collins, & J. Done (Eds.), Hurricane Risk in a Changing Climate (Vol. 2, pp. 283-321). Springer.
Mol, J. M., Botzen, W., & Blasch, J. E. (2022). After the virtual flood: Risk perceptions and flood preparedness after virtual reality risk communication. Judgment and Decision Making, 17(1), 189-214. https://journal.sjdm.org/20/200909/jdm200909.html
https://dspace.library.uu.nl/bitstream/handle/1874/422188/jdm200909.pdf?sequence=1
Duijndam, S. J., Botzen, W. J. W., Hagedoorn, L. C., & Aerts, J. C. J. H. (2022). Anticipating sea-level rise and human migration: A review of empirical evidence and avenues for future research. Wiley Interdisciplinary Reviews: Climate Change, 13(1), [e747]. https://doi.org/10.1002/wcc.747
Tesselaar, M., Botzen, W. J. W., Robinson, P. J., Aerts, J. C. J. H., & Zhou, F. (2022). Charity hazard and the flood insurance protection gap: An EU scale assessment under climate change. Ecological Economics, 193, 1-23. [107289]. https://doi.org/10.1016/j.ecolecon.2021.107289
Botzen, W. J. W., Mol, J. M., Robinson, P. J., Zhang, J., & Czajkowski, J. (2022). Individual hurricane evacuation intentions during the COVID-19 pandemic: insights for risk communication and emergency management policies. Natural Hazards, 111(1), 507-522. https://doi.org/10.1007/s11069-021-05064-2
Robinson, P. J., & Botzen, W. J. W. (2022). Setting descriptive norm nudges to promote demand for insurance against increasing climate change risk. Geneva Papers on Risk and Insurance: Issues and Practice, 47(1), 27-49. https://doi.org/10.1057/s41288-021-00248-0
Folkerts, M. A., Bröde, P., Botzen, W. J. W., Martinius, M. L., Gerrett, N., Harmsen, C. N., & Daanen, H. A. M. (2022). Sex differences in temperature-related all-cause mortality in the Netherlands. International Archives of Occupational and Environmental Health, 95, 249-258. https://doi.org/10.1007/s00420-021-01721-y

2021

Scholarly publications

Botzen, W. (2021). Economics of insurance against natural disaster risks. In H. S. Shugart (Ed.), Oxford Research Encyclopedia of Environmental Science Oxford University Press. https://doi.org/10.1093/acrefore/9780199389414.013.712
Botzen, W., Duijndam, S., Robinson, P., & van Beukering, P. (Accepted/In press). Behavioural biases and heuristics in perceptions of COVID-19 risks and prevention decisions. Risk Analysis.
Robinson, P. J., Botzen, W. J. W., & Zhou, F. (2021). An experimental study of charity hazard: The effect of risky and ambiguous government compensation on flood insurance demand. Journal of Risk and Uncertainty, 63(3), 275–318. https://doi.org/10.1007/s11166-021-09365-6
Schrieks, T., Botzen, W., Wens, M. L. K., Haer, T., & Aerts, J. (2021). Integrating behavioral theories in agent-based models for agricultural drought risk assessments. Frontiers in Water, 3, 1-19. [686329]. https://doi.org/10.3389/frwa.2021.686329
Mol, J. M., Botzen, W., Blasch, J., Kranzler, E., & Kunreuther, H. (2021). All by myself? Testing descriptive social norm-nudges to increase flood preparedness among homeowners. Behavioural Public Policy. https://doi.org/10.1017/bpp.2021.17
Ignjacevic, P., Estrada, F., & Botzen, W. J. W. (2021). Time of emergence of economic impacts of climate change. Environmental Research Letters, 16(7), 1-10. [074039]. https://doi.org/10.1088/1748-9326/ac0d7a
Robinson, P. J., Botzen, W. J. W., Duijndam, S., & Molenaar, A. (2021). Risk communication nudges and flood insurance demand. Climate Risk Management, 34, 1-18. [100366]. https://doi.org/10.1016/j.crm.2021.100366
Estrada, F., & Botzen, W. J. W. (2021). Economic impacts and risks of climate change under failure and success of the Paris Agreement. Annals of the New York Academy of Sciences, 1504(1), 95-115. https://doi.org/10.1111/nyas.14652
Botzen, W., Duijndam, S., & van Beukering, P. (2021). Lessons for climate policy from behavioral biases towards COVID-19 and climate change risks. World Development, 137, 1-4. [105214]. https://doi.org/10.1016/j.worlddev.2020.105214
Botzen, W. J. W., Estrada, F., & Tol, R. S. J. (2021). Methodological issues in natural disaster loss normalisation studies. Environmental Hazards, 20(2), 112-115. https://doi.org/10.1080/17477891.2020.1830744
Robinson, P. J., Botzen, W. J. W., Kunreuther, H., & Chaudhry, S. J. (2021). Default options and insurance demand. Journal of Economic Behavior and Organization, 183, 39-56. https://doi.org/10.1016/j.jebo.2020.12.017
Botzen, W. J. W., Nees, T., & Estrada, F. (2021). Temperature effects on electricity and gas consumption: Empirical evidence from Mexico and projections under future climate conditions. Sustainability (Switzerland), 13(1), 1-28. [305]. https://doi.org/10.3390/su13010305
Zhou, F., & Botzen, W. (2021). Firm Level Evidence of Disaster Impacts on Growth in Vietnam. Environmental and Resource Economics, 79(2), 277-322. https://doi.org/10.1007/s10640-021-00562-0

2020

Scholarly publications

Tesselaar, M., Wouter Botzen, W. J., Haer, T., Hudson, P., Tiggeloven, T., & Aerts, J. C. J. H. (2020). Regional inequalities in flood insurance affordability and uptake under climate change. Sustainability (Switzerland), 12(20), 1-30. [8734]. https://doi.org/10.3390/su12208734
van den Bergh, J. C. J. M., Angelsen, A., Baranzini, A., Botzen, W. J. W., Carattini, S., Drews, S., Dunlop, T., Galbraith, E., Gsottbauer, E., Howarth, R. B., Padilla, E., Roca, J., & Schmidt, R. C. (2020). A dual-track transition to global carbon pricing: the glass is half full. Climate Policy, 20(10), 1349-1354. https://doi.org/10.1080/14693062.2020.1827537
van den Bergh, J. C. J. M., & Botzen, W. J. W. (2020). Low-carbon transition improbable without carbon pricing. Proceedings of the National Academy of Sciences of the United States of America, 117(38), 23219–23220. [38]. https://doi.org/10.1073/pnas.2010380117
Botzen, W. J. W., Martinius, M. L., Bröde, P., Folkerts, M. A., Ignjacevic, P., Estrada, F., Harmsen, C., & Daanen, H. A. M. (2020). Economic valuation of climate change induced mortality: Age dependent cold and heat mortality in the Netherlands. Climatic Change, 162. https://doi.org/10.1007/s10584-020-02797-0
https://dspace.library.uu.nl/bitstream/handle/1874/408564/Botzen2020_Article_EconomicValuationOfClimateChan.pdf?sequence=1
van den Bergh, J. C. J. M., Angelsen, A., Baranzini, A., Botzen, W. J. W., Carattini, S., Drews, S., Dunlop, T., Galbraith, E., Gsottbauer, E., Howarth, R. B., Padilla, E., Roca, J., & Schmidt, R. (2020). A dual-track transition to global carbon pricing. Climate Policy, 20(9), 1057-1069. https://doi.org/10.1080/14693062.2020.1797618
Ignjacevic, P., Botzen, W. J. W., Estrada, F., Kuik, O., Ward, P., & Tiggeloven, T. (2020). CLIMRISK-RIVER: Accounting for local river flood risk in estimating the economic cost of climate change. Environmental Modelling and Software, 132, [104784]. https://doi.org/10.1016/j.envsoft.2020.104784
Tesselaar, M., Botzen, W. J. W., & Aerts, J. C. J. H. (2020). Impacts of climate change and remote natural catastrophes on EU flood insurance markets: An analysis of soft and hard reinsurance markets for flood coverage. ATMOSPHERE, 11(2), [146]. https://doi.org/10.3390/atmos11020146
Van Ginkel, K. C. H., Botzen, W. J. W., Haasnoot, M., Bachner, G., Steininger, K. W., Hinkel, J., Watkiss, P., Boere, E., Jeuken, A., De Murieta, E. S., & Bosello, F. (2020). Climate change induced socio-economic tipping points: Review and stakeholder consultation for policy relevant research. Environmental Research Letters, 15(2), [023001]. https://doi.org/10.1088/1748-9326/ab6395
Folkerts, M. A., Bröde, P., Botzen, W. J. W., Martinius, M. L., Gerrett, N., Harmsen, C. N., & Daanen, H. A. M. (2020). Long Term Adaptation to Heat Stress: Shifts in the Minimum Mortality Temperature in the Netherlands. Frontiers in Physiology, 11, [225]. https://doi.org/10.3389/fphys.2020.00225
Mol, J. M., Botzen, W. J. W., Blasch, J. E., & de Moel, H. (2020). Insights into Flood Risk Misperceptions of Homeowners in the Dutch River Delta. Risk Analysis, 40(7), 1450-1468. https://doi.org/10.1111/risa.13479
Estrada, F., Botzen, W. J. W., & Calderon-Bustamante, O. (2020). The Assessment of Impacts and Risks of Climate Change on Agriculture (AIRCCA) model: a tool for the rapid global risk assessment for crop yields at a spatially explicit scale. Spatial Economic Analysis, 15(3), 262–279. https://doi.org/10.1080/17421772.2020.1754448
Bockarjova, M., Botzen, W. J. W., van Schie, M. H., & Koetse, M. J. (2020). Property price effects of green interventions in cities: A meta-analysis and implications for gentrification. Environmental Science and Policy, 112, 293-304. https://doi.org/10.1016/j.envsci.2020.06.024
Akerboom, S., Botzen, W., Buijze, A., Michels, A., & van Rijswick, M. (2020). Meeting goals of sustainability policy: CO2 emission reduction, cost-effectiveness and societal acceptance. An analysis of the proposal to phase-out coal in the Netherlands. Energy Policy, 138, [111210]. https://doi.org/10.1016/j.enpol.2019.111210
Mol, J. M., Botzen, W. J. W., & Blasch, J. E. (2020). Behavioral motivations for self-insurance under different disaster risk insurance schemes. Journal of Economic Behavior and Organization, 180, 967-991. https://doi.org/10.1016/j.jebo.2018.12.007
Bockarjova, M., Botzen, W. J. W., & Koetse, M. J. (2020). Economic valuation of green and blue nature in cities: A meta-analysis. Ecological Economics, 169, [106480]. https://doi.org/10.1016/j.ecolecon.2019.106480
Haer, T., Husby, T. G., Botzen, W. J. W., & Aerts, J. C. J. H. (2020). The safe development paradox: An agent-based model for flood risk under climate change in the European Union. Global Environmental Change, 60, [102009]. https://doi.org/10.1016/j.gloenvcha.2019.102009
Mol, J. M., Botzen, W. J. W., & Blasch, J. E. (2020). Risk reduction in compulsory disaster insurance: Experimental evidence on moral hazard and financial incentives. Journal of Behavioral and Experimental Economics, 84, [101500]. https://doi.org/10.1016/j.socec.2019.101500
Kind, J. M., Botzen, W. J. W., & Aerts, J. C. J. H. (2020). Social vulnerability in cost-benefit analysis for flood risk management. Environment and Development Economics, 25(2), 115-134. https://doi.org/10.1017/S1355770X19000275
Hudson, P., De Ruig, L. T., de Ruiter, M. C., Kuik, O. J., Botzen, W. J. W., Le Den, X., Persson, M., Benoist, A., & Nielsen, C. N. (2020). An assessment of best practices of extreme weather insurance and directions for a more resilient society. Environmental Hazards, 19(3), 301-321. https://doi.org/10.1080/17477891.2019.1608148
Robinson, P. J., & Botzen, W. J. W. (2020). Flood insurance demand and probability weighting: The influences of regret, worry, locus of control and the threshold of concern heuristic. Water Resources and Economics, 30, 1-19. [100144]. https://doi.org/10.1016/j.wre.2019.100144
de Ruig, L. T., Haer, T., de Moel, H., Botzen, W. J. W., & Aerts, J. C. J. H. (2020). A micro-scale cost-benefit analysis of building-level flood risk adaptation measures in Los Angeles. Water Resources and Economics, 32, [100147]. https://doi.org/10.1016/j.wre.2019.100147

2019

Scholarly publications

Robinson, P. J., Botzen, W. J. W., & Zhou, F. (2019). An experimental study of charity hazard: The effect of risky and ambiguous government compensation on flood insurance demand . (19 ed.) (USE Working Paper series; Vol. 19, No. 19). USE Research Institute.
https://dspace.library.uu.nl/bitstream/handle/1874/394043/19_19.pdf?sequence=1
Botzen, W. J. W. (2019). Improving flood preparedness through insurance incentives. In H. Kunreuther, B. Meyer, & E. Michel-Kerjan (Eds.), The Future of Risk Management (pp. 286-302). (Critical Studies in Risk and Disaster). The University of Pennsylvania Press.
https://dspace.library.uu.nl/bitstream/handle/1874/414476/The_Future_of_Risk_Management_PART_IV._ROLE_OF_RISK_MITIGATION_RISK_SHARING_AND_INSURANCE_.pdf?sequence=1
Mechler, R., Calliari, E., Bouwer, L. M., Schinko, T., Surminski, S., Linnerooth-Bayer, J., Aerts, J. C. J. H., Botzen, W. J. W., & et al. (2019). Science for Loss and DamagT: Findings and Propositions. In R. Mechler, L. M. Bouwer, T. Schinko, S. Surminski, & J. Linnerooth-Bayer (Eds.), Loss and Damage from Climate Change (pp. 3-37). (Climate Risk Management, Policy and Governance). Springer.
https://dspace.library.uu.nl/bitstream/handle/1874/388933/Mechler2019_Chapter_ScienceForLossAndDamageFinding.pdf?sequence=1
Botzen, W. J. W., Kunreuther, H., & Michel-Kerjan, E. O. (2019). Protecting against disaster risks: Why insurance and prevention may be complements. Journal of Risk and Uncertainty, 59(2), 151-169. https://doi.org/10.1007/s11166-019-09312-6
Estrada, F., Tol, R. S. J., & Botzen, W. J. W. (2019). Extending integrated assessment models′ damage functions to include adaptation and dynamic sensitivity. Environmental Modelling and Software, 121, [104504]. https://doi.org/10.1016/j.envsoft.2019.104504
Hudson, P., & Botzen, W. J. W. (2019). Cost-benefit analysis of flood zoning policies: A review of current practice. WIREs Water, 6(6), [e1387]. https://doi.org/10.1002/wat2.1387
Botzen, W. J. W., Kunreuther, H., Czajkowski, J., & de Moel, H. (2019). Adoption of Individual Flood Damage Mitigation Measures in New York City: An Extension of Protection Motivation Theory. Risk Analysis, 39(10), 2143-2159. https://doi.org/10.1111/risa.13318
Haer, T., Botzen, W. J. W., & Aerts, J. C. J. H. (2019). Advancing disaster policies by integrating dynamic adaptive behaviour in risk assessments using an agent-based modelling approach. Environmental Research Letters, 14(4), [044022]. https://doi.org/10.1088/1748-9326/ab0770
de Ruig, L. T., Barnard, P. L., Botzen, W. J. W., Grifman, P., Hart, J. F., de Moel, H., Sadrpour, N., & Aerts, J. C. J. H. (2019). An economic evaluation of adaptation pathways in coastal mega cities: An illustration for Los Angeles. Science of the Total Environment, 678, 647-659. https://doi.org/10.1016/j.scitotenv.2019.04.308
Robinson, P. J., & Botzen, W. J. W. (2019). Determinants of Probability Neglect and Risk Attitudes for Disaster Risk: An Online Experimental Study of Flood Insurance Demand among Homeowners. Risk Analysis, 39(11), 2514-2527. https://doi.org/10.1111/risa.13361
Robinson, P. J., & Botzen, W. J. W. (2019). Economic experiments, hypothetical surveys and market data studies of insurance demand against low-probability/high-impact risks: A systematic review of designs, theoretical insights and determinants of demand. Journal of Economic Surveys, 33(5), 1493-1530. https://doi.org/10.1111/joes.12332
Botzen, W. J. W., Deschenes, O., & Sanders, M. (2019). The economic impacts of natural disasters: A review of models and empirical studies. Review of Environmental Economics and Policy, 13(2), 167-188. https://doi.org/10.1093/reep/rez004
Hudson, P., Botzen, W. J. W., & Aerts, J. C. J. H. (2019). Flood insurance arrangements in the European Union for future flood risk under climate and socioeconomic change. Global Environmental Change, 58, [101966]. https://doi.org/10.1016/j.gloenvcha.2019.101966
Unterberger, C., Hudson, P., Botzen, W. J. W., Schroeer, K., & Steininger, K. W. (2019). Future Public Sector Flood Risk and Risk Sharing Arrangements: An Assessment for Austria. Ecological Economics, 156, 153-163. https://doi.org/10.1016/j.ecolecon.2018.09.019
Hudson, P., Botzen, W. J. W., & Aerts, J. C. J. H. (2019). Impacts of flooding and flood preparedness on subjective well-being: A monetisation of the tangible and intangible impacts. Journal of Happiness Studies, 20(2), 665-682. https://doi.org/10.1007/s10902-017-9916-4

2018

Scholarly publications

Botzen, W. J. W., Brouwer, L. M., Scussolini, P., Kuik, O., Haasnoot, M., Lawrence, J., & Aerts, J. (2018). Integrated disaster risk management and adaptation. In R. Melchler, L. M. Brouwer, T. Schinko, S. Surminski, & J. Linnerooth-Bayer (Eds.), Loss and Damage from Climate Change: Concepts, Methods and Policy Options. (pp. 287-315). Springer. https://doi.org/10.1007/978-3-319-72026-5_12
Bockarjova, M., Botzen, W. J. W., & Koetse, M. J. (2018). Economic Valuation of Green and Blue Nature in Cities: A Meta-Analysis . (U.S.E. Working Paper series ; Vol. 18, No. 08). U.S.E. Research Institute.
https://dspace.library.uu.nl/bitstream/handle/1874/374925/18_08.pdf?sequence=1
Robinson, P. J., & Botzen, W. J. W. (2018). The impact of regret and worry on the threshold level of concern for flood insurance demand: Evidence from Dutch homeowners. Judgment and Decision Making, 13(3), 237-245.
https://dspace.library.uu.nl/bitstream/handle/1874/373342/jdm18201a.pdf?sequence=1
Aerts, J. C. J. H., Barnard, P. L., Botzen, W., Grifman, P., Hart, J. F., De Moel, H., Mann, A. N., de Ruig, L. T., & Sadrpour, N. (2018). Pathways to resilience: Adapting to sea level rise in Los Angeles. Annals of the New York Academy of Sciences, 1427(1), 1-90. https://doi.org/10.1111/nyas.13917
Di Baldassarre, G., Kreibich, H., Vorogushyn, S., Aerts, J., Arnbjerg-Nielsen, K., Barendrecht, M., Bates, P., Borga, M., Botzen, W. J. W., Bubeck, P., De Marchi, B., Llasat, C., Mazzoleni, M., Molinari, D., Mondino, E., Mård, J., Petrucci, O., Scolobig, A., Viglione, A., & Ward, P. J. (2018). Hess opinions: An interdisciplinary research agenda to explore the unintended consequences of structural flood protection. Hydrology and Earth System Sciences, 22(11), 5629-5637. https://doi.org/10.5194/hess-22-5629-2018
Kind, J., Baayen, J. H., & Botzen, W. J. W. (2018). Benefits and limitations of real options analysis for the practice of river flood risk management. Water Resources Research, 54(4), 3018-3036. https://doi.org/10.1002/2017WR022402
Haer, T., Botzen, W. J. W., van Roomen, V., Connor, H., Zavala-Hidalgo, J., Eilander, D. M., & Ward, P. J. (2018). Coastal and river flood risk analyses for guiding economically optimal flood adaptation policies: a country-scale study for Mexico. Philosophical Transactions of the Royal Society A: Mathematical, Physical and Engineering Sciences, 376(2121). https://doi.org/10.1098/rsta.2017.0329
Clement, K. Y., Botzen, W., Brouwer, R., & Aerts, J. C. J. H. (2018). A global review of the impact of basis risk on the functioning of and demand for index insurance. International Journal of Disaster Risk Reduction, 28, 845-853. https://doi.org/10.1016/j.ijdrr.2018.01.001
Aerts, J. C. J. H., Botzen, W. J., Clarke, K. C., Cutter, S. L., Hall, J. W., Merz, B., Michel-Kerjan, E., Mysiak, J., Surminski, S., & Kunreuther, H. (2018). Integrating human behaviour dynamics into flood disaster risk assessment. Nature Climate Change, 8(3), 193-199. https://doi.org/10.1038/s41558-018-0085-1
Botzen, W. J. W., & van Beukering, P. J. H. (2018). Geographical scoping and willingness-to-pay for nature protection. Journal of Integrative Environmental Sciences, 15(1), 41-58. https://doi.org/10.1080/1943815X.2018.1441158
De Smidt, G., & Botzen, W. (2018). Perceptions of Corporate Cyber Risks and Insurance Decision-Making. Geneva Papers on Risk and Insurance: Issues and Practice, 43(2), 239-274. https://doi.org/10.1057/s41288-018-0082-7
Botzen, W. J. W., Van Den Bergh, J. C. J. M., & Chichilnisky, G. (2018). Climate policy without intertemporal dictatorship: Chichilnisky criterion versus classical utilitarianism in dice. Climate Change Economics, 9(2), [1850002]. https://doi.org/10.1142/S2010007818500021
Bubeck, P., Botzen, W. J. W., Laudan, J., Aerts, J. C. J. H., & Thieken, A. (2018). Insights into flood-coping appraisals of Protection Motivation Theory: Empirical evidence from Germany and France. Risk Analysis, 38(6), 1239-1257. https://doi.org/10.1111/risa.12938
van den Bergh, J., & Botzen, W. J. W. (2018). Global impact of a climate treaty if the Human Development Index replaces GDP as a welfare proxy. Climate Policy, 18(1), 76-85. https://doi.org/10.1080/14693062.2016.1227954

Professional publications

Botzen, W. J. W. (2018). Economische schade van natuurrampen en lessen voor klimaatadaptatie. Economische Statistische Berichten, 103(4759), 104-107.

2017

Scholarly publications

Zhou, F., & Botzen, W. J. W. (2017). The Impact of Natural Disasters on Firm Growth in Vietnam: Interaction with Financial Constraints. (pp. 1-51). (U.S.E. Discussion paper series; Vol. 17, No. 20). UU USE Tjalling C. Koopmans Research Institute.
https://dspace.library.uu.nl/bitstream/handle/1874/361920/zhou.pdf?sequence=1
Botzen, W. J. W., Monteiro, É., Estrada, F., Pesaro, G., & Menoni, S. (2017). Economic Assessment of Mitigating Damage of Flood Events: Cost-Benefit Analysis of Flood-Proofing Commercial Buildings in Umbria, Italy. Geneva Papers on Risk and Insurance: Issues and Practice, 42(4), 585-608. https://doi.org/10.1057/s41288-017-0065-0
Atreya, A., Czajkowski, J., Botzen, W., Bustamante, G., Campbell, K., Collier, B., Ianni, F., Kunreuther, H., Michel-Kerjan, E., & Montgomery, M. (2017). Adoption of flood preparedness actions: A household level study in rural communities in Tabasco, Mexico. International Journal of Disaster Risk Reduction, 24, 428-438. https://doi.org/10.1016/j.ijdrr.2017.05.025
Ward, P. J., Jongman, B., Aerts, J. C. J. H., Bates, P. D., Botzen, W. J. W., DIaz Loaiza, A., Hallegatte, S., Kind, J. M., Kwadijk, J., Scussolini, P., & Winsemius, H. C. (2017). A global framework for future costs and benefits of river-flood protection in urban areas. Nature Climate Change, 7(9), 642-646. https://doi.org/10.1038/nclimate3350
Haer, T., Botzen, W. J. W., Zavala-Hidalgo, J., Cusell, C., & Ward, P. J. (2017). Economic evaluation of climate risk adaptation strategies: Cost-benefit analysis of flood protection in Tabasco, Mexico. Atmósfera, 30(2), 101-120. https://doi.org/10.20937/ATM.2017.30.02.03
Estrada, F., Tol, R., & Botzen, W. J. W. (2017). Global economic impacts of climate variability and change during the 20th century. PLoS One, 12(2), [e0172201]. https://doi.org/10.1371/journal.pone.0172201
Jørgensen, S. H., Botzen, W. J. W., & Sanders, L. (2017). As Temporal as Spatial: It Is Geographical–Exploring Spatio-temporality in Modelling the Risk of Climate Change and Natural Hazards. Norsk Geografisk Tidsskrift, 71(1), 60-61. https://doi.org/10.1080/00291951.2017.1287773
Estrada, F., Botzen, W. J. W., & Tol, R. S. J. (2017). A global economic assessment of city policies to reduce climate change impacts. Nature Climate Change, 7, 403-406. https://doi.org/10.1038/nclimate3301
Kind, J., Botzen, W. J. W., & Aerts, J. (2017). Accounting for risk aversion, income distribution, and social welfare in cost-benefit analysis for flood risk management. WIREs Climate Change, 8(2), 1-20. https://doi.org/10.1002/wcc.446
Haer, T., Botzen, W. J. W., & Aerts, J. (2017). Integrating household risk mitigation behaviour in flood risk analysis: An agent-based model approach. Risk Analysis, 37(10), 1977-1992. https://doi.org/10.1111/risa.12740
Hudson, P., Botzen, W. J. W., Czajkowski, J., & Kreibich, H. (2017). Moral hazard in natural disaster insurance markets: Empirical evidence from Germany and the United States. Land Economics, 93(2), 179-208. https://doi.org/10.3368/le.93.2.179

2016

Scholarly publications

Botzen, W. J. W., Michel-Kerjan, E., Kunreuther, H., de Moel, H., & Aerts, J. C. J. H. (2016). Political affiliation affects adaptation to climate risks: Evidence from New York City. Climatic Change, 138(1-2), 353-360. https://doi.org/10.1007/s10584-016-1735-9
Hudson, P. F., Botzen, W. J. W., Feyen, L., & Aerts, J. C. J. H. (2016). Incentivising flood risk adaptation through risk based insurance premiums: Trade-offs between affordability and risk reduction. Ecological Economics, 125, 1-13. https://doi.org/10.1016/j.ecolecon.2016.01.015
Haer, T., Botzen, W. J. W., & Aerts, J. C. J. H. (2016). The effectiveness of flood risk communication strategies and the influence of social networks-Insights from an agent-based model. Environmental Science & Policy, 60, 44-52. https://doi.org/10.1016/j.envsci.2016.03.006
Botzen, W. J. W., & Bouwer, L. M. (2016). Weather indicators for insured hailstorm damage to motor vehicles and potential climate change impacts. Geneva Papers on Risk and Insurance – Issues and Practice, 41(3), 512-527. https://doi.org/10.1057/gpp.2015.16
de Boer, J., Botzen, W. J. W., & Terpstra, T. (2016). Flood risk and climate change in the Rotterdam area, The Netherlands: enhancing citizen's climate risk perceptions and prevention responses despite skepticism. Regional Environmental Change, 16(6), 1613-1622. [16]. https://doi.org/10.1007/s10113-015-0900-4

2015

Scholarly publications

Bubeck, P., Kreibich, H., Penning-Rowsell, E. C., Botzen, W. J. W., de Moel, H., & Klijn, F. (Accepted/In press). Explaining differences in flood management approaches in Europe and in the USA - a comparative analysis. Journal of Flood Risk Management. https://doi.org/10.1111/jfr3.12151
Paudel, Y., Botzen, W. J. W., Dijkstra, T., & Aerts, J. C. J. H. (2015). Risk allocation in a public-private catastrophe insurance system. Journal of Flood Risk Management, 8(2), 116-134. https://doi.org/10.1111/jfr3.12082
Paudel, Y., Botzen, W. J. W., & Aerts, J. C. J. H. (2015). Influence of climate change and socio-economic development on catastrophe insurance: A case study of flood risk scenarios in the Netherlands. Regional Environmental Change, 15(8), 1717-1729. https://doi.org/10.1007/s10113-014-0736-3
Aerts, J. C. J. H., Botzen, W. J. W., & Werners, S. (2015). Adaptation portfolios in water management. Mitigation and Adaptation Strategies for Global Change, 20(8), 1247-1265. https://doi.org/10.1007/s11027-014-9540-0
Estrada Porrua, F., Botzen, W. J. W., & Tol, R. S. J. (2015). Economic losses from US hurricanes consistent with an influence from climate change. Nature Geoscience, 8, 880-884. https://doi.org/10.1038/NGEO2560
Zander, K., Botzen, W. J. W., Kjellstrom, T., Oppermann, E., & Garnett, S. T. (2015). Heat stress has a substantial economic impact on the Australian workforce. Nature Climate Change, 5, 647-651. https://doi.org/10.1038/nclimate2623
Poussin, J. K., Botzen, W. J. W., & Aerts, J. C. J. H. (2015). Effectiveness of flood damage mitigation measures: Empirical evidence from French flood disasters. Global Environmental Change, 31, 74-84. https://doi.org/10.1016/j.gloenvcha.2014.12.007
de Boer, J., Botzen, W. J. W., & Terpstra, T. (2015). More than fear induction: Toward an understanding of people's motivation to be well-prepared for emergencies in flood prone areas. Risk Analysis, 35(3), 518-535. https://doi.org/10.1111/risa.12289
Surminski, S., Aerts, J. C. J. H., Botzen, W. J. W., Hudson, P., Mysiak, J., & Pérez-Blanco, C. D. (2015). Reflections on the current debate on how to link flood insurance and disaster risk reduction in the European Union. Natural Hazards, 79(3), 1451-1479. https://doi.org/10.1007/s11069-015-1832-5
van den Bergh, J. C. J. M., & Botzen, W. J. W. (2015). Monetary valuation of the social cost of CO2 emissions: A critical survey. Ecological Economics, 114, 33-46. https://doi.org/10.1016/j.ecolecon.2015.03.015
Koks, E. E., Jongman, B., Husby, T. G., & Botzen, W. J. W. (2015). Combining hazard, exposure and social vulnerability to provide lessons for flood risk management. Environmental Science & Policy, 47, 42-52. https://doi.org/10.1016/j.envsci.2014.10.013
Botzen, W. J. W., Kunreuther, H., & Michel-Kerjan, E. (2015). Divergence between individual perceptions and objective indicators of tail risks: Evidence from floodplain residents in New York City. Judgment and Decision Making, 10(4), 365-385.
https://dspace.library.uu.nl/bitstream/handle/1874/335207/jdm15415.pdf?sequence=1

2014

Scholarly publications

Terpstra, T., Zaalberg, R., de Boer, J., & Botzen, W. J. W. (2014). You have been framed! How antecedents of information need mediate the effects of risk communication messages. Risk Analysis, 34(8), 1506-1520. https://doi.org/10.1111/risa.12181
Botzen, W. J. W., & van den Bergh, J. C. J. M. (2014). Specifications of social welfare in economic studies of climate policy: Overview of criteria and evaluation of policy insights. Environmental and Resource Economics, 58(1), 1-33. https://doi.org/10.1007/s10640-013-9738-8
Jongman, B., Hochrainer-Stigler, S., Feyen, L., Aerts, J. C. J. H., Mechler, R., Botzen, W. J. W., Bouwer, L. M., Pflug, G., Rojas, R., & Ward, P. J. (2014). Reply to 'Statistics of flood risk’. Nature Climate Change, 4, 844-845. https://doi.org/10.1038/nclimate2376
Jongman, B., Hochrainer-Stigler, S., Feyen, L., Aerts, J. C. J. H., Mechler, R., Botzen, W. J. W., Bouwer, L. M., Pflug, G., Rojas, R., & Ward, P. J. (2014). Increasing stress on disaster-risk finance due to large floods. Nature Climate Change, 4, 264-268. https://doi.org/10.1038/NCLIMATE2124
de Boer, J., Botzen, W. J. W., & Terpstra, T. (2014). Improving flood risk communication by focusing on prevention-focused motivation. Risk Analysis, 34(2), 309-322. https://doi.org/10.1111/risa.12091
Vasileiadou, E., & Botzen, W. J. W. (2014). Framing adaptation with emotions: The role of intense experiences for concern about extreme weather. Ecology and Society, 19(2), 36. https://doi.org/10.5751/ES-06474-190236
Poussin, J. K., Botzen, W. J. W., & Aerts, J. C. J. H. (2014). Factors of influence on flood damage mitigation behaviour by households - Literature review and results from a French survey. Environmental Science & Policy, 40, 69-77. https://doi.org/10.1016/j.envsci.2014.01.013
Hudson, P. G. M. B., Botzen, W. J. W., Kreibich, H., Bubeck, P., & Aerts, J. C. J. H. (2014). Evaluating the effectiveness of flood damage mitigation measures by the application of Propensity Score Matching. Natural Hazards and Earth System Sciences, 14, 1731-1747. https://doi.org/10.5194/nhess-14-1731-2014
Aerts, J. C. J. H., Botzen, W. J. W., Emanuel, K., Lin, N., de Moel, H., & Michel-Kerjan, E. O. (2014). Evaluating Flood Resilience Strategies for Coastal Megacities. Science, 344(6183), 473-475.
Aerts, J. C. J. H., & Botzen, W. J. W. (2014). Cities response to climate risks. Nature Climate Change, 4, 759-760. https://doi.org/10.1038/nclimate2343
van den Bergh, J., & Botzen, W. J. W. (2014). A lower bound to the social cost of CO2 emissions. Nature Climate Change, 4, 253-258. https://doi.org/10.1038/NCLIMATE2135

Other output

Botzen, W. J. W. (2014). Lloyd’s Science of Risk Prize 2014.

2013

Scholarly publications

Botzen, W. J. W., Aerts, J. C. J. H., & de Moel, H. (2013). Superstorm Sandy: Getrokken lessen en een Nederlandse aanpak in New York City. Magazine nationale veiligheid en crisisbeheersing, 11(1), 50-51. https://www.nctv.nl/search.aspx?simpleSearch=sandy
Poussin, J. K., Botzen, W. J. W., & Aerts, J. C. J. H. (2013). Stimulating flood damage mitigation through insurance: an assessment of the French CatNat system. Environmental Hazards, 12(3-4), 258-277. http://www.tandfonline.com/toc/tenh20/12/3-4
Bubeck, P., & Botzen, W. J. W. (2013). Response to the necessity for longitudinal studies in risk perception research. Risk Analysis, 33(5), 760-762. https://doi.org/10.1111/risa.12028
Botzen, W. J. W. (2013). Managing Extreme Climate Change Risks through Insurance. Cambridge University Press [etc.].
Aerts, J. C. J. H., Lin, N., Botzen, W. J. W., Emanuel, K., & de Moel, H. (2013). Low probability flood-risk modeling for New York City. Risk Analysis, 33(5), 772-788. https://doi.org/10.1111/risa.12008/pdf
Seifert, I., Botzen, W. J. W., Kreibich, H., & Aerts, J. C. J. H. (2013). Influence of flood risk characteristics on flood insurance demand: A comparison between Germany and the Netherlands. Natural Hazards and Earth System Sciences, 13, 1691-1705. https://doi.org/10.5194/nhess-13-1691-2013
Botzen, W. J. W., Aerts, J. C. J. H., & van den Bergh, J. C. J. M. (2013). Individual preferences for reducing flood risk to near zero. Mitigation and Adaptation Strategies for Global Change, 18(2), 229-244. http://download.springer.com/static/pdf/587/art%253A10.1007%252Fs10640-013-9738-8.pdf?auth66=1389436288_7658258a3ae05e175b955c00f9f20f11&ext=.pdf
Botzen, W. J. W., de Boer, J., & Terpstra, T. (2013). Framing of risk and preferences for annual and multi-year flood insurance. Journal of Economic Psychology, 39, 357-375. http://www.sciencedirect.com/science/journal/01674870
Paudel, Y., Botzen, W. J. W., & Aerts, J. C. J. H. (2013). Estimation of insurance premiums for coverage against natural disaster risk: an application of Bayesian Inference. Natural Hazards and Earth System Sciences, 13, 737-754. http://www.nat-hazards-earth-syst-sci.net/13/737/2013/nhess-13-737-2013.pdf
Bubeck, P., Botzen, W. J. W., Kreibich, H., & Aerts, J. C. J. H. (2013). Detailed insights into the influence of flood-coping appraisals on mitigation behaviour. Global Environmental Change, 23(5), 1327-1338. https://doi.org/10.1016/j.gloenvcha.2013.05.009
Aerts, J. C. J. H., Botzen, W. J. W., de Moel, H., & Bowman, M. (2013). Cost Estimates for Flood Resilience and Protection Strategies in New York City. Annals of the New York Academy of Sciences, 1294(1), 1-104. https://doi.org/10.1111/nyas.12200/abstract

Other output

Aerts, J. C. J. H., Botzen, W. J. W., Lin, N., Emanuel, K., & de Moel, H. (2013). Best Paper Award in the journal Risk Analysis in 2013.
Jongman, B., Bouwer, L., Hochrainer-Stigler, S., Feyen, L., Botzen, W. J. W., Aerts, J. C. J. H., & Ward, P. J. (2013). Are we ready? Trends in European flood risk and financing resources.

2012

Scholarly publications

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, 82(1), 151-166. https://doi.org/10.1016/j.jebo.2012.01.005
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, 53(3), 1005-1025. https://doi.org/10.1111/j.1468-2354.2012.00709.x
Aerts, J. C. J. H., & Botzen, W. J. W. (2012). Managing Exposure to flooding in New York City (NYC). Nature Climate Change, 2, 377. https://doi.org/10.1038/nclimate1487
Bubeck, P., Botzen, W. J. W., Kreibich, H., & Aerts, J. C. J. H. (2012). Long-term development and effectiveness of private flood mitigation measures: An analysis for the German part of the river Rhine. Natural Hazards and Earth System Sciences, 12, 3507-3518. https://doi.org/10.5194/nhess-12-3507-2012
Aerts, J. C. J. H., & Botzen, W. J. W. (2012). Hurricane Irene: a Wake Up Call for New York City? Natural Hazards and Earth System Sciences, 12, 1837-1840. https://doi.org/10.5194/nhess-12-1837-2012
Botzen, W. J. W., & van den Bergh, J. C. J. M. (2012). How sensitive is Nordhaus to Weitzman? Climate policy in DICE with an alternative damage function. Economics Letters, 117(1), 372-374. https://doi.org/10.1016/j.econlet.2012.05.032
Bubeck, P., Botzen, W. J. W., Suu, L. T. T., & Aerts, J. C. J. H. (2012). Do flood risk perceptions provide useful insights for flood risk management? Findings from central Vietnam. Journal of Flood Risk Management, 5(4), 295-302. https://doi.org/10.1111/jfr3.2012.5.issue-4/issuetoc
Bubeck, P., Botzen, W. J. W., & Aerts, J. C. J. H. (2012). A Review of Risk Perceptions and Other Factors that Influence Flood Mitigation Behavior. Risk Analysis, 32(9), 1481-1495. https://doi.org/10.1111/j.1539-6924.2011.01783.x/abstract
Paudel, Y., Aerts, J. C. J. H., & Botzen, W. J. W. (2012). A Comparative Study of Public—Private Catastrophe Insurance Systems: Lessons from Current Practices. Geneva Papers on Risk and Insurance, 37(2), 257-285. http://www.palgrave-journals.com/gpp/journal/v37/n2/abs/gpp201216a.html

Professional publications

Botzen, W. J. W., & Aerts, J. C. J. H. (2012). Oplossingsrichtingen voor een landelijke dekking voor overstromingsrisico’s. Economisch Statistische Berichten, 97, 740-743. http://www.economie.nl/artikel/oplossingsrichtingen-voor-een-landelijke-dekking-voor-overstromingsrisicos
Aerts, J. C. J. H., & Botzen, W. J. W. (2012). Climate adaptation cost for flood risk management in the Netherlands. In M. Bowman, J. Khinda, & D. Hill (Eds.), Storm Surge Barriers to Protect New York City: Against the Deluge (pp. 99-114). American Society of Civil Engineers (ASCE). http://www.asce.org/Books-and-Journals/Books---Personify/Committee-Reports-%28PCR%29/Storm-Surge-Barriers-to-Protect-New-York-City/

2011

Scholarly publications

Botzen, W. J. W., & Aerts, J. C. J. H. (2011). The National Flood Insurance Program (NFIP) and climate-resilient waterfront development in New York City. In J. C. J. H. Aerts, W. J. W. Botzen, M. J. Bowman, P. Ward, & P. Dircke (Eds.), Climate adaptation and flood risk in coastal cities (pp. 165-190). Earthscan.
Aerts, J. C. J. H., Botzen, W. J. W., Bowman, M. J., Ward, P. J., & Dircke, P. (2011). Introduction: coastal cities and adaptation to climate change. In J. C. J. H. Aerts, W. J. W. Botzen, M. J. Bowman, P. J. Ward, & P. Dircke (Eds.), Climate adaptation and flood risk in coastal cities (pp. 1-8). Earthscan.
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, 1(2), 1-7. https://doi.org/10.1142/S2010007811000188
Aerts, J. C. J. H., & Botzen, W. J. W. (2011). Flood-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), 1-82. http://www.nyas.org/Publications/Annals/Detail.aspx?cid=e32c3732-147e-4365-b48e-3d7f6f17865b
Aerts, J. C. J. H., Botzen, W. J. W., Bowman, M. J., Ward, P. J., & Dircke, P. (2011). Climate adaptation and flood risk in coastal cities. Earthscan. http://www.earthscan.co.uk/?tabid=102838&v=196
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(3), 1045-1060. http://www.sciencedirect.com/science/article/pii/S0959378011000653
Botzen, W. J. W. (2011). Alistair Munro: Bounded Rationality and Public Policy: A Perspective from Behavioural Economics. Ian J. Bateman (ed.): The Economics of Non-Market Goods and Resources. Environmental and Resource Economics, 49(2), 305. http://www.springerlink.com/content/c676n86rr8h9413k/

Professional publications

Botzen, W. J. W. (2011). Verzekeringsmarkten voor natuurrampen en klimaatrisico's. Economisch Statistische Berichten, 96(4612S), 16-22.

2010

Scholarly publications

Poussin, J. K., Aerts, J. C. J. H., & Botzen, W. J. W. (2010). Flood prevention and comparison in the Netherlands. In R. Cassin, J. M. Sauve, & Y. Robineau (Eds.), Rapport public 2010: L'eau et son droit. Etudes et documents du Conseil d'Etat (pp. 525-536). La Documentation Francaise.
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, 303-322. https://doi.org/10.1016/j.jpolmod.2010.03.001
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. http://www.springerlink.com/content/u237166571587l12/
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. https://doi.org/10.1016/j.reseneeco.2009.10.004

Professional publications

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.

2009

Scholarly publications

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. https://doi.org/10.1016/j.ecolecon.2009.02.019
Botzen, W. J. W., Aerts, J. C. J. H., & Van Den Bergh, J. C. J. M. (2009). Dependence of flood risk perceptions on socioeconomic and objective risk factors. Water Resources Research, 45(10), [W10440]. https://doi.org/10.1029/2009WR007743
Botzen, W. J. W., & Van Den Bergh, J. C. J. M. (2009). Managing natural disaster risks in a changing climate. Environmental Hazards, 8(3), 209-225. https://doi.org/10.3763/ehaz.2009.0023