Representative Publications
Learning from Catastrophes: Strategies for Reaction and Response: (with M. Useem). Upper Saddle River, NJ: Wharton School Publishing (2010).
“Reflections and Guiding Principles for Dealing with Societal Risks” in The Irrational Economist: Overcoming Irrational Decisions in a Dangerous World, E. Michel-Kerjan and P. Slovic, (eds.) New York, Public Affairs Books, (2010)
“Deterministic and Stochastic Prisoner’s Dilemma Games: Experiments in Interdependent Security” (with G. Silvasi, E.T. Bradlow, and D. Small), Judgment and Decision Making, Vol. 4, No. 5, August 2009.
“Market and Government Failure in Insuring and Mitigating Natural Catastrophes: How Long-Term Contracts Can Help” (with E. Michel-Kerjan) in Public Insurance and Private Markets, Jeffrey R, Brown, (ed.), AEI Press (2009).
At War with the Weather: Managing Large-Scale Risks in a New Era of Catastrophes (with E. Michel-Kerjan) Cambridge: MIT Press. (2009).
Education
PhD, Massachusetts Institute of Technology, 1965; AB, Bates College, 1959
Recent Consulting
Problems on insurability, with particular emphasis on environmental risk and natural hazards. Department of Homeland Security (DHS); World Economic Forum (WEF); Organization for Economic Cooperation and Development (OECD); The World Bank.
Career and Recent Professional Awards; Teaching Awards
Elected Fellow for Society for Risk Analysis, 1992; Distinguished Service Award, Society for Risk Analysis, 1990; Graduate Division Excellence in Teaching Award, 1983; Elizur Wright Award for the publication that made the most significant contribution to the literature of insurance, 1971.
Academic Positions Held
Wharton: 1972-present (named Cecilia Yen Koo Professor, 1994; Acting Chairperson, Operations and Information Management Department, 1999-2001; Co-Director, Center for Risk Management and Decision Processes, 1984-present; Meshulam Riklis Professor in the Practice of Creative Management, 1991-94; Acting Director, Center for the Study of Organizational Innovation, Wharton, 1984-85; Chairperson, Decision Sciences Department, 1977-80). Previous appointment: University of Chicago
Other Positions
Program Manager, National Science Foundation, Decision Risk & Management Science Program, 1989-90; Task Leader, International Institute of Applied Systems Analysis, Laxenburg, Austria, 1980-82; Research Adviser, Pakistan Institute of Development Economics, Ford Foundation-Yale University, 1970-71; Economist, Economics and Political Studies Division, The Institute for Defense Analyses, 1964-66
Professional Leadership 2005-2009
Associate Editor, Risk Analysis, 1985-present; Associate Editor, Journal of Risk and Uncertainty, 1987-present; Fellow of the American Association for the Advancement of Science (AAAS); Research Associate, National Bureau of Economic Research (NBER); Co-Director (with Ken Froot, Harvard) NBER Insurance Workshop.
Corporate and Public Sector Leadership 2005-2009
Co-chair, World Economic Forum’s Global Agenda Council on Innovation and Leadership in Reducing Risks from Natural Disasters; 2008-present; Panel on Adapting to the Impacts of Climate Change, National Academy of Sciences, 2008-present; Steering Committee Member, Adapting to Climate Change, Resources for the Future, 2008-present; Advisory Group Member, Foundation Flood Policy Forum on Flood Risk Management, Association of State Floodplain Managers, 2009-present; Resilient Coasts: Reducing Risks and Adapting to Climate Change, The Heinz Center for Science, Economics and the Environment, 2008-2009; • Testimony to U.S. House of Representatives (Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises of the House Financial Services Committee), on “Examining a Legislative Solution to Extend and Revise the Terrorism Risk Insurance Act (TRIA).” June 21, 2007; Member of the National Earthquake Hazards Reduction Program’s (NEHRP) Advisory Committee, 2007-2009; Member of the Committee on Bioterrorism Risk, National Academy of Science, 2005-2008
