Lab Seminar - Unpriced flood risk in the US housing market

This week Jesse Gourevitch presented his work estimating the unpriced flood risk in the US housing market. He and his collaborators combined climate models that predict changes in flood risk with housing market data to identify the extent to which information about flooding is incorporated into market prices. Using these data they estimate that residential properties in the United States exposed to flood risk are overvalued by $121-237 billion dollars.

Lab seminar - Risk Management in Alaska Catch Share fisheries

Joseph Raymond presented some preliminary findings from his work on risk management in Alaska catch share fisheries. He discussed the role of portfolio theory for managing the risks firms face associated with variable market and environmental conditions. He also discussed the data driven approach he is taking to understand the ability of participants in Alaska fisheries to reduce risks through portfolio management.

Lab Seminar - Conserving carbon: spatially-explicit dynamic programming for agricultural conservation policy

Emily McGlynn shared her research on land use and conservation. Local governments are increasingly interested in managing GHG emissions through land use policy and agricultural conservation incentives. Emily is working with Santa Clara County (home to Silicon Valley) to evaluate how modifying conservation programs can reduce agricultural land conversion and avoid GHG emissions due to urban sprawl.

Lab Seminar - Spatial Management of Disease in Aquaculture

Thomas (TJ) updated his research on disease control in aquaculture. Disease plays a critical role in the productivity of agricultural systems. In a spatially connected environment, failure to prevent disease transmission between production sites or firms can lead to costly production externalities. In Chile's aquaculture industry, salmon farmers must contend with pathogens that are transmissible over long distances via current and tidal flow.