Journal article
Playing with Fire: Endogenous Risk in Resource Management
American journal of agricultural economics, Vol.86(4), pp.933-948
11/2004
Handle:
https://hdl.handle.net/2376/107435
Abstract
Prescribed fire as a wildfire risk mitigation tool is receiving increasing attention in the United States after a century of emphasis on suppression. A dynamic economic model of prescribed fire use, precaution, and timing is developed and applied to three important policy issues: vegetation management on the wildland‐urban interface; the effect of liability on vegetation management decisions; and the problem of heavy initial fuel loads after years of suppression and fuel accumulation. Numerical simulation results are presented as illustrations of the analytical model.
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Details
- Title
- Playing with Fire: Endogenous Risk in Resource Management
- Creators
- Jonathan Yoder - Washington State University
- Publication Details
- American journal of agricultural economics, Vol.86(4), pp.933-948
- Academic Unit
- Water Research Center
- Publisher
- Oxford University Press
- Number of pages
- 16
- Grant note
- Oklahoma Agricultural Experiment Station Washington Agricultural Research Center
- Identifiers
- 99900546908401842
- Language
- English
- Resource Type
- Journal article