Bayham, Jude; Yoder, Jonathan K. - Agricultural and Applied Economics Association - AAEA - 2012
Wildfires are managed in a complex dynamic environment where suppression effort, environmental, and geographic … characteristics all influence wildfire outcomes. Suppression effort is largely driven by threats to values at risk. We develop a … stochastic dynamic programming model of wildfire suppression to show that under certain conditions, suppression effort may be …