Improving Market-Based and Government-Run Adaptation Solutions for Mitigating Flood Risk Using Natural Infrastructure

The goal of this research is to understand the implications of using nature-based solutions, or natural infrastructure (NI), to mitigate the impacts of flooding. The two solutions I evaluate to supply NI are a program that financially incentivizes its supply by private landowners, and a government-run floodplain property acquisition program. This dissertation consists of three papers examining payments for ecosystem services (PES) programs in terms of enrollment, incentives, and outcomes.