Resource Catalog
Document
Type: Journal Article
Publication Date: 2004
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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Citation: Yoder, Jonathan. 2004. Playing with fire: endogenous risk in resource management. American Journal of Agricultural Economics 86(4):933-948.
Cataloging Information
Keywords:
- endogeneity
- fire suppression
- fuel accumulation
- fuel loads
- simulation
- vegetation management
Record Last Modified:
Record Maintained By: FRAMES Staff (https://www.frames.gov/contact)
FRAMES Record Number: 10452