Department or Administrative Unit
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.
Tyler Prante, Joseph M. Little, Michael L. Jones, Michael McKee and Robert P. Berrens (2011), "Inducing private wildfire risk mitigation: Experimental investigation of measures on adjacent public lands", Journal of Forest Economics: Vol. 17: No. 4, pp 415-431. http://dx.doi.org/10.1016/j.jfe.2011.04.003
Journal of Forest Economics
© 2011 Tyler Prante, Joseph M. Little, Michael L. Jones, Michael McKee, Robert P. Berrens