CEVE 421/521 Schedule

NoteNote

Check the page for each reading to see discussion questions. You will often be encouraged to focus only on part of relevant papers.

Final Project: Climate Plan Audit in prep — Deliverables are due throughout the semester (see schedule below).

CEVE 521 students: You will lead one Paper Discussion session. See Graduate Seminar Requirements.

Week Date What
1 Mon., Jan. 12

Lecture: Intro to Climate Risk Management [ ]

Wed., Jan. 14 Topical Discussion: Frank (2022) and Crawford (2025)
Fri., Jan. 16

Lab 1: Julia Setup & Hello World

2 Mon., Jan. 19 Martin Luther King, Jr. Day (No Class)
Wed., Jan. 21

Lecture: Hazard, Exposure, Vulnerability [ ]

Fri., Jan. 23

Lab 2: Hazard-Damage Convolution

3 Mon., Jan. 26

Lecture: Climate Variability, Extremes, and Change [ ]

Wed., Jan. 28

Paper Discussion: Climate Extremes (IPCC)

Fri., Jan. 30 Lab 3: Sea-Level Rise Scenarios and Uncertainty in prep / Project: Topic Proposal Due
4 Mon., Feb. 2

Lecture: Uncertainty & Monte Carlo [ ] in prep

Wed., Feb. 4

Paper Discussion: Monte Carlo & Fat Tails in prep

Fri., Feb. 6

Lab 4: Monte Carlo Hazard Modeling in prep

5 Mon., Feb. 9

Lecture: Risk Metrics (EAD, VaR, CVaR) [ ] in prep

Wed., Feb. 11

Lab 5: Probabilistic Risk Analysis in prep

Fri., Feb. 13 No Class
6 Mon., Feb. 16 Exam 1 (Covers Module 1)
Wed., Feb. 18

Lecture: Valuation & Benefit-Cost Analysis [ ] in prep

Fri., Feb. 20

Paper Discussion: Discounting & BCA in prep

7 Mon., Feb. 23

Lecture: Optimal Static Decisions [ ] in prep

Wed., Feb. 25

Paper Discussion: Optimal Decisions in prep

Fri., Feb. 27 Lab 6: Simulation-Optimization in prep / Project: Memo 1 Due in prep
8 Mon., Mar. 2

Lecture: Sensitivity & Value of Information [ ] in prep

Wed., Mar. 4

Paper Discussion: Value of Information in prep

Fri., Mar. 6

Lab 7: Value of Partial Information in prep

9 Mon., Mar. 9

Lecture: Trade-offs & Values [ ] in prep

Wed., Mar. 11

Paper Discussion: Trade-offs and Values in prep

Fri., Mar. 13 Exam 2 (Covers Module 2)
Mar. 16-20 Spring Break
10 Mon., Mar. 23

Lecture: Robustness & Deep Uncertainty [ ] in prep

Wed., Mar. 25

Paper Discussion: Robustness & Deep Uncertainty in prep

Fri., Mar. 27 Lab 8: Robustness Metrics in prep / Project: Memo 2 Due in prep
11 Mon., Mar. 30

Lecture: Exploratory Modeling & Scenario Discovery [ ] in prep

Wed., Apr. 1

Paper Discussion: Exploratory Modeling in prep

Fri., Apr. 3

Lab 9: Scenario Discovery in prep

12 Mon., Apr. 6

Lecture: Sequential Decision Making [ ] in prep

Wed., Apr. 8

Paper Discussion: Sequential Decision Making in prep

Fri., Apr. 10 Lab 10: Real Options & Dynamic Policy Search in prep / Project: Memo 3 Due in prep
13 Mon., Apr. 13

Lecture: Multi-Objective Optimization [ ] in prep

Wed., Apr. 15

Paper Discussion: Multi-objective Optimization in prep

Fri., Apr. 17 Lab 11: Pareto Fronts in prep / Project: Slides Due in prep
14 Mon., Apr. 20 Final Project Presentations in prep (Teams 1 & 2)
Wed., Apr. 22 Final Project Presentations in prep (Teams 3 & 4)
Fri., Apr. 24 Final Project Presentations in prep (Teams 5 & 6)
Finals TBD Exam 3 (Covers Module 3) / Project: Written Report Due in prep

References

Crawford, S. (2025, December 5). Floods and Storms Are Ravaging the Jersey Shore. Why Do We Keep Building It Back? Retrieved December 5, 2025, from https://www.rollingstone.com/culture/culture-features/floods-storms-jersey-shore-beach-rebuilding-1235477927/
Frank, T. (2022, August 22). Bold New Jersey Shore Flood Rules Could Be Blueprint for Entire U.S. Coast. Scientific American. Retrieved from https://www.scientificamerican.com/article/bold-new-jersey-shore-flood-rules-could-be-blueprint-for-entire-u-s-coast/