Document


Title

Nonmarket resource valuation in the postfire environment
Document Type: Journal Article
Author(s): David E. Calkin; J. Greg Jones; Kevin Hyde
Publication Year: 2008

Cataloging Information

Keyword(s):
  • BAER - Burned Area Emergency Response
  • nonmarket valuation
  • post-fire environment
Record Maintained By:
Record Last Modified: May 15, 2018
FRAMES Record Number: 18581

Description

After the containment of large wildland fires, major onsite and downstream effects including lost soil productivity, watershed response, increased vulnerability to invasive weeds, and downstream sedimentation can cause threats to human life and property. Burned Area Emergency Response (BAER) teams are responsible for developing treatment plans to mitigate negative consequences associated with these postwildfire events. BAER teams are charged with demonstrating that proposed treatments are economically justified. When the resources at risk are market values this poses few challenges; however, when the resources at risk are nonmarket values serious challenges occur including limited supporting scientific research, a lack of economics expertise and training among BAER team members, and tight time frames for conducting assessments resulting in final assessments that may not be defensible. In this study we show a clear and reproducible valuation procedure termed implied minimum value that may be adopted by BAER teams to improve the economic justification of treatments proposed to protect nonmarket resource values.

Online Link(s):
Citation:
Calkin, David E.; Jones, Greg; Hyde, Kevin. 2008. Nonmarket resource valuation in the postfire environment. Journal of Forestry 106(6):305-310.