Mitigating Wildfire Risk on Private Property with Spatial Dependencies

Michael H. Taylor

Strategic Behavior and the Environment2019https://doi.org/10.1561/102.00000091article
AJG 1
Weight
0.43

What the paper says

This article develops a theoretical model to analyze the impact of policies to promote defensible space — the most prominent wildfire risk mitigation strategy on private property — on the overall level of defensible space in a community when homeowners’ investment decisions are spatially dependent. The model describes how spatial dependencies can arise as a result of three externalities associated with defensible space: risk externalities, visual seclusion externalities, and externalities related to the interdependence of post-fire home values. The results suggest that the impact of policy on the equilibrium level of defensible space in a community will depend on the character of the spatial dependencies between neighboring homeowners’ investments, as well as on the pre-policy equilibrium. The results also emphasize the importance of financial considerations in homeowners’ defensible space investment decision.

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https://doi.org/https://doi.org/10.1561/102.00000091

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@article{michael2019,
  title        = {{Mitigating Wildfire Risk on Private Property with Spatial Dependencies}},
  author       = {Michael H. Taylor},
  journal      = {Strategic Behavior and the Environment},
  year         = {2019},
  doi          = {https://doi.org/https://doi.org/10.1561/102.00000091},
}

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Evidence weight

0.43

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.21 × 0.4 = 0.08
M · momentum0.80 × 0.15 = 0.12
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.