W.J.W. Botzen

prof. dr.

  • Room C-523, W&N-building

  • Institute for Environmental Studies (IVM), De Boelelaan 1087

    1081 HV Amsterdam

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Personal profile

Personal information

Wouter Botzen is full Professor of Economics of Climate Change and Natural Disasters at the Department of Environmental Economics, Institute for Environmental Studies (IVM), Vrije Universiteit Amsterdam. He is Deputy Head of the Department of Environmental Economics. Moreover, he is full Professor of Economics of Global Environmental Change at the Utrecht University School of Economics, Utrecht University. He is a senior research fellow at the Risk Management and Decision Processes Center at the Wharton School of the University of Pennsylvania. Wouter has obtained his PhD degree in economics (cum laude) in 2010 for his thesis on the economics of insurance against climate change. His thesis won the Junior Societal Impact Award of the VU University and was published in revised form by Cambridge University Press. 

At IVM Wouter is involved in teaching various courses on Environmental Economics. He coordinates research on climate change economics and supervises several PhD students. His main research interests are climate change economics with a particular focus on risk, natural disaster insurance, behavioural economics of decision making under risk, and natural disaster risk assessment and management. He has published more than 75 articles in international scientific journals on these themes. His publications span top economic journals, such as International Economic Review, and multi-disciplinary journals, such as Nature and Science. He won twice the best paper award of the journal Risk Analysis and he received the Lloyd’s Science of Risk Prize in 2014.

Wouter has worked on a variety of research projects funded by the Netherlands Organisation for Scientific Research (NWO), the Dutch research programme 'Knowledge for Climate' (KvK), and the European Commission, among others. He has advised several for profit and non-profit organizations. Wouter was awarded a NWO-VENI scholarship in 2011 and a NWO-VIDI scholarship in 2015, which are granted to researchers who belong to the best 10%-20% of their international peer group.


2006-2009: PhD degree (cum laude), Faculty of Economics and Business Administration, Vrije Universiteit Amsterdam, the Netherlands.

2001-2005: MSc Economics, University of Maastricht, the Netherlands.


Ancillary activities

  • Utrecht University School of Economics, Utrecht University | Utrecht | Professor of Economics of Global Environmental Change | 2016-02-01
  • Wharton School, University of Pennsylvania | Philadelphia | Senior Research Fellow | 2017-09-01

Ancillary activities are updated daily

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Research Output 2006 2018

insured person

Benefits and Limitations of Real Options Analysis for the Practice of River Flood Risk Management

Kind, J. M., Baayen, J. H. & Botzen, W. J. W. Apr 2018 In : Water Resources Research. 54, 4, p. 3018-3036 19 p.

Research output: Contribution to journalArticle

welfare economics
cost-benefit analysis
risk management
environmental policy
policy analysis
risk assessment
Climate Change

Economische schade van natuurrampen en lessen voor klimaatadaptatie

Botzen, W. J. W. 2018 In : Economisch Statistische Berichten. 103, 4759, p. 104-107

Research output: Contribution to journalArticle