Formulation and Estimation of the Tradeoff between Fuels and Preparedness Budgets using... - 0 views
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MiamiOH OARS on 29 Aug 17The objectives of this research are to use simulated data from three or more national parks to econometrically estimate a production function where fuels and preparedness budgets are used to improve the value of the landscape. The landscape value is improved through fuel treatments aimed at hazardous fuel reductions and ecosystem improvement. It is also improved by preparedness through loss mitigation of fire affected values and by introducing fire in areas that promote ecosystem health. This research will, for the first time, quantify how the two programs (fuels and preparedness) interact to mutually improve the value of the landscape and associated natural and human resources. The second objective is to locate current programs on the econometrically derived value-added surface and to also identify how to manage increasing or declining budgets.