- (812) 855-0492
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- Areas of Interest:
- Theory and practice of benefit-cost analysis ,
- Environmental and natural resource modeling and policy evaluation
- Ph.D., Duke University, 1988
- M.S., Duke University, 1985
- B.A., Grinnell College, 1977
- Benefit-Cost Analysis of Public & Environmental Policies
- Environmental Economics and Finance
Professor Kerry Krutilla is a specialist in the theory and practice of benefit cost analysis. He is currently coauthoring a book on the economic evaluation of air pollution, energy, and climate regulations. Another project is assessing ways to represent distributional accounting formats in benefit-cost analysis. Professor Krutilla recently conducted research on the principles of efficient cybersecurity investment, and completed a study on uncertainty evaluation methods relevant for benefit-cost analyses used to evaluate seabed mining leases.
Professor Krutilla has served as an economic consultant for a variety of international and environmental organizations, including the World Bank and the Environmental Defense Fund, and for U.S. federal agencies such as the Agency for International Development and the U.S. Departments of Energy and Agriculture. He has consulted for the Brazilian Ministry of Transportation and the Chamber of Deputies of the Brazilian National Congress, and for the Vietnamese Ministry of Planning and Development, the Finance Committee of the National Assembly, and the City Council of Hanoi.
Professor Krutilla teaches benefit-cost analysis in several formats. He has conducted executive trainings at the World Bank, the Escola National de Administração Pública in Brasilia, the Vietnamese National Academy of Public Administration in Ho Chi Minh City, and offered executive training courses in Hanoi under the sponsorship of the Vietnamese Ministry of Planning and Development. He has taught short course at Vietnam National University in Hanoi and the Higher School of Economics in Moscow. From 2012-2014, Professor Krutilla co-directed a summer overseas study program jointly offered by the School of Public and Environmental Affairs and two universities in Pamplona Spain. At the O’Neill School, Professor Krutilla offers graduate and undergraduate courses in benefit-cost analysis and environmental economics.
- “The Benefits and Costs of Cybersecurity Risk Reduction: A Dynamic Extension of the Gordon and Loeb Model” (Krutilla, K. Alexeev, A., Jardine., and Good, D.), Risk Analysis, (2021).
- “Addressing Fundamental Uncertainty in Benefit–Cost Analysis: The Case of Deep Seabed Mining,” (Krutilla, K., Good, D., Toman, M., and Arin, T.), Journal of Benefit-Cost Analysis 11(4): 1–30, (2020).
- “Alternative Frameworks for Evaluating Deep Sea Mining Projects” (Krutilla, K., Good, D., Toman, M., and Arin, T). Report Sponsored by the World Bank, (2018).
- “Cybersecurity Investment as a Differential Game.” (Alexeev A., Jardine E., Krutilla K). In A. Kott (ed.), Proceedings of the IST-153-RWS Workshop on Cyber Resilience. US Army Research Laboratory, (2018).
- “Dynamic Defense in a Cyber Resilient System.” (Evans, A., Leslie, N., Muñoz-González, L., French, W., Krutilla, K., Joyce A). Chapter in A. Kott (ed.), “Critical Issues for Cyber Resilience.” Bulletin from US Army Research Laboratory, (2018).
- “Human Development Over Time: An Empirical Comparison of a Dynamic Index and the Standard HDI,” ( Zirogiannis, N., Krutilla, K., Tripodis, Y., Fledderman, K), Social Indicators Research, 1-26, (2018).
- "Consumer’s Guide to Regulatory Impact Analysis: Ten Tips for Being an Informed Policymaker," Krutilla K., with Dudley et al., Journal of Benefit-Cost Analysis, (2017).
- “Regulatory Reform in the Trump Era,” (Belton, K., Krutilla, K., and Graham, J.D.), Public Administration Review, 77 (5) 643-44, (2017).
- “Cost‐Benefit Analysis of Waste Management Strategies for the Adjara AR and the Kakheti Region of Georgia.” Krutilla, K. Waste Management Technologies in Regions, Georgia; U.S. Agency for International Development, (2016).
- “Environmental taxation and the double dividend in decentralized jurisdictions,” (Krutilla, K., Alexeev, A., Good, D.) Ecological Economics 22: 90–100, (2016).
- “Uncertainty in the cost-effectiveness of federal air quality regulations,” (Krutilla, K., Good D.H, Graham, J.D.) Journal of Benefit-Cost Analysis, 6(1): 66-111. doi:10.1017/bca.2015.7, (2015).
- “Preliminary Benefit Analysis for Pedestrian Crash Imminent Braking Systems. (Good, D.H., K. Krutilla, S. Chien, L. Li, and Y. Chen). Proceedings of the Intelligent Transportation System Conference,” v18, pp. 1123-1128, (2015). (Print ISBN: 978-1-4673-6595-6; doi 10.1109/ITSC.2015.186).
- “Cyber-Attack as a Contest Game.” (Alexeev, A., and Krutilla, K.,) In A.Kott (ed.) Proceedings of the NATO IST-128 Workshop: Assessing Mission Impact of Cyberattacks. US Army Research Laboratory, ARL-SR-0349, 66-74, (2015). www.arl.army.mil/www/default.cfm?technical_report=7602.
- “The political transaction costs and uncertainties of establishing environmental rights,” (Krutilla, K., Alexeev, A.) Ecological Economics, 107, 299-309, (2014).
- “Are green vehicles worth the extra cost? The case of diesel-electric hybrid technology for urban delivery vehicles,” (Krutilla K., Graham, J.D.), Journal of Policy Analysis and Management, 31(3): 501-532, (2012).
- “The normative implications of political decision-making for benefit-cost analysis,” (Krutilla, K., Alexeev, A.), Journal of Benefit-Cost Analysis, 3(2): Article 2., (2012).
- “Transaction costs and environmental policy: An assessment framework and literature review,” (Krutilla, K., Krause, R.), International Review of Environmental and Resource Economics 4(3/4): 261-354, (2011).
- “The Urban Household Energy Transition: Social and Environmental Impacts in the Developing World.” (Barnes, D., K. Krutilla, and W.F. Hyde). Routledge, (2010).