We extend existing stand-level models of forest landowner behavior in the presence of fire risk to include the level and timing of fuel management activities. These activities reduce losses if a stand ignites. Based on simulations, we find the standard result that fire risk reduces the optimal...

I examine a model of optimum enforcement in which offenders can engage in activities that reduce the probability of being caught and fined. The costs associated with these avoidance activities imply that it is not necessarily optimal to set fines for offenses as high as possible. These avoidance...

This paper models landowner behavior on timberland subject to damage by fire. We examine how management decisions by adjacent landowners yield outcomes that diverge from the social optimum, and consider how this divergence depends on landowner preferences and information. We conduct a numerical...