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 80 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, the best paper award for Journal of Flood Risk Management 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 2019

Future public sector flood risk and risk sharing arrangements: An assessment for Austria

Unterberger, C., Hudson, P. G. M. B., Botzen, W. J. W., Schroeer, K. & Steininger, K., 2019, In : Ecological Economics. 156, p. 153-163

Research output: Contribution to JournalArticleAcademicpeer-review

A global review of the impact of basis risk on index insurance

Yuzva, K., Botzen, W. J. W., Brouwer, R. & Aerts, J. C. J. H., 2018, In : International Journal of Disaster Risk Reduction. 28, p. 845-853

Research output: Contribution to JournalArticleAcademicpeer-review

insured person

An interdisciplinary research agenda to explore the unintended consequences of structural flood protection

Di Baldassarre, G., Kreibich, H., Vorogushyn, S., Aerts, J. C. J. H., Arnbjerg-Nielsen, K., Barendrecht, M., Bates, P., Borga, M., Botzen, W. J. W., Bubeck, P., B, D. M., Carmen Llasat, M., Mazzoleni, M., Molinari, D., E, M., Mård, J., Petrucci, O., Scolobig, A., Viglione, A. & Ward, P. J., 2018, In : Natural Hazards and Earth System Sciences. 22, p. 5629-5637 doi:10.5194/hess-22-5629-2018

Research output: Contribution to JournalArticleAcademicpeer-review


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 JournalArticleAcademicpeer-review

welfare economics
cost-benefit analysis
risk management

Climate policy without intertemporal dictatorship: Chichilnisky criterion versus classical utilitarianism in dice

Botzen, W. J. W., Van Den Bergh, J. C. J. M. & Chichilnisky, G., May 2018, In : Climate Change Economics. 9, 2, p. 1-17 17 p., 1850002

Research output: Contribution to JournalArticleAcademicpeer-review

environmental policy
policy analysis

Activities 2009 2017

  • 16 Lecture / Presentation

Verzekeringen en Klimaatverandering

Botzen, W. J. W. (Speaker)

Activity: Lecture / PresentationAcademic

Economics of Natural Disasters

Botzen, W. J. W. (Speaker)
11 Oct 2017

Activity: Lecture / PresentationAcademic

The Economic Value of the Tana Delta Mangrove Ecosystem in Kenya

Botzen, W. J. W. (Speaker)

Activity: Lecture / PresentationAcademic

Innovatie voor Risicoreductie

Botzen, W. J. W. (Speaker)

Activity: Lecture / PresentationProfessional


Best Paper Award in the journal Risk Analysis in 2013.

J.C.J.H. Aerts (Recipient), W.J.W. Botzen (Recipient), N. Lin (Recipient), K. Emanuel (Recipient) & H. de Moel (Recipient), 2013

Prize: Prize / AwardAcademic

Best Paper Award Risk Analysis

P. Bubeck (Recipient), W.J.W. Botzen (Recipient) & J.C.J.H. Aerts (Recipient), 2012

Prize: Prize / AwardAcademic

Junior Societal Impact Award

W.J.W. Botzen (Recipient), 20 Oct 2010

Prize: Prize / AwardAcademic

Lloyd’s Science of Risk Prize 2014

W.J.W. Botzen (Recipient), 2014

Prize: Prize / AwardAcademic

Outstanding paper in Journal of Flood Risk Management

W.J.W. Botzen (Recipient), 2016

Prize: Prize / AwardAcademic