Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
Please note that all times are shown in the time zone of the conference. The current conference time is: 24th Aug 2026, 01:53:35am WEST
External resources will be made available 30 min before a session starts. You may have to reload the page to access the resources.
|
Daily Overview |
| Session | |
|
Egg-Timer: Climate Policy and Public Acceptance Location: D-110 Session Chair: da Costa Pascal, Laboratoire Genie Industriel, SERG, CentraleSupélec, Université Paris-Saclay, Gif-sur-Yvette | |
    | |
Levees and the Crowd-Out of Flood Insurance Demand 1: Institute for Policy Integrity, NYU School of Law, United States of America; 2: Department of Economics, Texas A&M University Public investments in disaster mitigation may crowd out demand for insurance. We measure the extent of substitution between flood-mitigating infrastructure and public flood insurance. Using a novel dataset of U.S. levee provision, we find that levee construction lowers flood risk and reduces insurance take-up by 61%, removing $300 million in coverage. Levee accreditation, which reduces premiums and lifts mandatory purchase requirements, offsets part of this decline, recovering $160 million in coverage. The net positive effect of accreditation indicates that premium reductions affect insurance take-up more than the removal of the mandate. Through a back-of-the-envelope calculation, we estimate that each levee-mile reduces household financial exposure by over $1 million, which could only otherwise be achieved by a much higher insurance take-up rate. | |