Mercer, D. Evan; Prestemon, Jeffrey P.; Butry, David T.; … - In: American Journal of Agricultural Economics 89 (2007) 1, pp. 63-77
We estimate a wildfire risk model with a new measure of wildfire output, intensity-weighted risk and use it in Monte Carlo simulations to estimate welfare changes from alternative prescribed burning policies. Using Volusia County, Florida as a case study, an annual prescribed burning rate of 13%...