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Bivariate truncated regression 1 Wildfire suppression costs 1
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Gebert, Krista 1 Yoder, Jonathan 1
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Journal of Forest Economics 1
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An econometric model for ex ante prediction of wildfire suppression costs
Yoder, Jonathan; Gebert, Krista - In: Journal of Forest Economics 18 (2012) 1, pp. 76-89
This paper develops an econometric model that can provide predictions of fire suppression costs (per acre and in total) for a given large fire before final fire acreage is known. The model jointly estimates cost per acre and acreage equations via Maximum Likelihood, accounting for sample...
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