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the fire prone Mediterranean region applying the life‐satisfaction approach. Detrimental effects on utility relate to … the number and extent of forest fires at the regional level. To account for endogeneity, we instrument forest fire … characteristics with the mean daily precipitation in the region during the fire season (April to September). Our sample covers …
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relation between fire production and government prevention and extinction measures from a policy evaluation perspective. An … variables and forest fires. A number of studies have related forest fires to causes of ignition, to fire history in one area, to …
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This paper reviews methods that can be used to value illiquid investments, with a particular focus on private equity and real estate. We discuss the traditional valuation methods, in particular the net present value (NPV) rule, and show in what circumstances these can lead to suboptimal...
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