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Rational & Irrational Choice in Flood Risk Management
Although flood insurance has been available for decades in the United States, many households who live in high-risk areas have not purchased flood insurance coverage, despite mandatory purchase provisions that affect many. Dr. Craig Landry, a professor and natural resource economist from the University of Georgia, has been researching how people make flood risk management decisions, such as the choice to buy flood insurance coverage or not. In this webinar, Dr. Landry will discuss how individual expectations, perceptions, and beliefs influence personal choices in flood risk management and how social scientists can model such decisions to learn about underlying factors that motivate self-protection (or a lack thereof).

Sep 29, 2021 01:00 PM in Eastern Time (US and Canada)

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Dr. Craig Landry
Professor @University of Georgia
Dr. Craig Landry is a Professor at the University of Georgia and a natural resource economist with expertise in non-market valuation, coastal resources management, and experimental economics. His research agenda includes individual decision-making under risk & uncertainty; risk management, insurance, and mitigation for natural hazards; dynamic optimization models for studying coupled human-natural coastal systems; modeling of recreation demand, including beach going and recreational angling; experimental economics for assessing non-market valuation methods and willingness to pay for public goods. He has served as review panelist for the National Science Foundation, EPA, and NOAA Sea Grant programs, and was a lead author for the National Climate Assessment chapter on Rural Communities.