Abstract In the US South, private forest landowners own the majority of timberland, therefore, understanding timber supply behavior of these landowners is a fundamental forest economic question. This study estimates the pine stumpage supply equations and elasticities of private landowners in...

A predictive model that is trained with non-randomly selected samples can offer biased predictions for the population. This paper discusses when non-random selection is a problem. For the applications in which it is a problem, this paper presents a procedure for adjusting the predictions of...

We study the prevalence of forest fires in Spain in the long run by computing the probability that a forest tree, as opposed to shrub or bush, will be lost to fire over one year. We first show that climate change increases the likelihood of this event. Next, we document how risk grew...

The National Park Service and other agencies have argued that our recreation lands face a crisis of deferred maintenance. This paper evaluates two proposals for funding public lands, increasing gate fees and taxing recreational gear. It analyzes the joint welfare effects of such taxes and the...