The Policy Incubator supports novel approaches for increasing resilience through the development of visionary ideas, encouragement of innovative thinkers, and the advancement of workable on-the-ground solutions.
The Policy Incubator is:
A thought leader, soliciting and supporting innovative and potentially transformative approaches to building resilience.
A test kitchen, where promising policies are analyzed and researched, giving support and grounding to visionary ideas.
An independent convener, bringing together diverse sectors to dissect challenges in order to design new solutions.
A bridge between disciplines and sectors, combining perspectives, translating across boundaries, and promoting collaboration through evidence-based policy design and analysis.
A voice for the public good, committed to resilience opportunities that benefit everyone.
Upgrading Flood Insurance
Linking Risk Reduction
& Risk Transfer
Policies for Dynamic
Disaster Insurance Gap
Updates from the Policy Incubator
Resilience Lab Notes
Recent Blog Posts:
Local officials are often reluctant to offer post-flood housing buyout programs because buyouts can result in lost property tax revenue. While tax revenue plays a major role in local level decisions, buyout programs can be design to minimize potential losses or even increase local revenues by coupling the buyouts to strong land-use planning strategies that enhance the community.
While private flood insurance accounts for less than 5% of all residential flood policies purchased, the private market is growing and policymakers are increasingly interested in its expansion. Drawing on our recent report, The Emerging Private Residential Flood Insurance Market in the United States, our newest issue brief describes the key players and structure of the residential flood market.
How does coastal flood risk impact home prices? The answer depends, in part, on how buyers and sellers perceive flood risk. In a recent NBER working paper, Laura Bakkensen and Lint Barrage examine the potential impact of heterogeneous beliefs about flood risk on housing market price dynamics, given a hypothetical increase in flood risk.
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Wharton Risk Management
and Decision Processes Center
St. Leonard’s Court | Suite 130
3819 Chestnut Street
Philadelphia, PA 19104