Document Type

Article

Department or Administrative Unit

Economics

Publication Date

12-2011

Abstract

Increasing private wildfire risk mitigation is an important part of the larger forest restoration policy challenge. Data from an economic experiment are used to evaluate the effectiveness of providing fuel treatments on public land adjacent to private land to induce private wildfire risk mitigation. Results show evidence of “crowding out” where public spending can decrease the level of private risk mitigation. However, a policy prescription that ameliorates this crowding out is identified. Participants undertake more mitigation when fuel treatments on publicly owned lands are conditional on a threshold level of private mitigation effort and information describing each participant’s spending is provided.

Comments

This article was originally published in Journal of Forest Economics. The article from the publisher can be found here.

The download link on this page is to a working paper version of this article and may not be the final version of this article.

Journal

Journal of Forest Economics

Rights

© 2011 Tyler Prante, Joseph M. Little, Michael L. Jones, Michael McKee, Robert P. Berrens

Included in

Economics Commons

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