This paper models landowner behavior on timberland subject to damage by fire. We examine how management decisions by adjacent landowners yield outcomes that diverge from the social optimum, and consider how this divergence depends on landowner preferences and information. We conduct a numerical...

We extend existing stand-level models of forest landowner behavior in the presence of fire risk to include the level and timing of fuel management activities. These activities reduce losses if a stand ignites. Based on simulations, we find the standard result that fire risk reduces the optimal...

A model of mineland restoration is presented to show the wedge between mine operator and social planner decisions and social costs of current instruments. We find, first, mine operator efforts may not match socially optimal levels and consequently generate relatively high social costs, second,...

This paper uses a multinomial discrete choice model and data from the Philippines to examine migrant choice between alternative destinations. Travel costs and perceived opportunities at the upland frontier are more important than general (upland plus lowland) destination attributes that indicate...

Royalty structure has been linked to deforestation through non-sustainable harvesting and high grading. Yet royalties are an important rent generation mechanism for governments. In this paper, a dynamic model of government policy choice is used to compare different royalty systems with respect...