In deciding to keep or fell a forest stand given its age, the risk of loss of timber through wildfire is an important consideration. If trees also have value from sequestration of carbon, another effect of fire is the unplanned loss of stored carbon. Factors affecting the decision to keep or...

Invasive species eradication programs can fail by applying management strategies that are not robust to potentially large but non-quantified risks. A more robust strategy can succeed over a larger range of possible values for non-quantified risk. This form of robustness analysis is often not...