You are here

Keyword: non-market valuation

Assessment and valuation of forest ecosystem services: State of the science review

Publications Posted on: June 06, 2017
This review focuses on the assessment and economic valuation of ecosystem services from forest ecosystems—that is, our ability to predict changes in the quantity and value of ecosystem services as a result of specific forest management decisions. It is aimed at forest economists and managers and intended to provide a useful reference to those interested in developing the practice of integrated forest modeling and valuation.

Cost shared wildfire risk mitigation in Log Hill Mesa, Colorado: Survey evidence on participation and willingness to pay

Publications Posted on: September 30, 2014
Wildland-urban interface (WUI) homeowners who do not mitigate the wildfire risk on their properties impose a negative externality on society. To reduce the social costs of wildfire and incentivise homeowners to take action, cost sharing programs seek to reduce the barriers that impede wildfire risk mitigation.

The economic cost of adverse health effects from wildfire-smoke exposure: A review

Publications Posted on: March 22, 2011
The economic costs of adverse health effects associated with exposure to wildfire smoke should be given serious consideration in determining the optimal wildfire management policy. Unfortunately, the literature in this research area is thin.

The effects of wildfire and environmental amenities on property values in northwest Montana, USA

Publications Posted on: March 22, 2011
This study employed the hedonic price framework to examine the effects of 256 wildfires and environmental amenities on home values in northwest Montana between June 1996 and January 2007. The study revealed environmental amenities, including proximity to lakes, national forests, Glacier National Park and golf courses, have large positive effects on property values in northwest Montana.

Challenges of socio-economically evaluating wildfire management on non-industrial private and public forestland in the western United States

Publications Posted on: April 30, 2009
Non-industrial private forests (NIPFs) and public forests in the United States generate many non-market benefits for landholders and society generally. These values can be both enhanced and diminished by wildfire management. This paper considers the challenges of supporting economically efficient allocation of wildfire suppression resources in a social cost-benefit analysis framework when non-market values are important.