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Targeting Policy to Promote Defensible Space in the Wildland-Urban Interface: Evidence from Homeowners in Nevada

Author

Listed:
  • Michael H. Taylor
  • Laine Christman
  • Kimberly Rollins

Abstract

This article considers how the appropriate policy to promote defensible space should differ between wildland-urban interface (WUI) communities by analyzing the extent that the two prominent explanations for socially inefficient underinvestment in defensible space hold in 35 WUI communities in Nevada. We find that homeowners underinvest in defensible space due to externalities in communities whose predominant vegetation is associated with elevated wildfire hazard. We do not find evidence that homeowners are underinvesting in defensible space because they systematically misjudge the biophysical determinants of their wildfire risk or the efficacy of defensible space at reducing their wildfire risk.

Suggested Citation

  • Michael H. Taylor & Laine Christman & Kimberly Rollins, 2019. "Targeting Policy to Promote Defensible Space in the Wildland-Urban Interface: Evidence from Homeowners in Nevada," Land Economics, University of Wisconsin Press, vol. 95(4), pages 531-556.
  • Handle: RePEc:uwp:landec:v:95:y:2019:i:4:p:531-556
    Note: DOI: 10.3368/le.95.4.531
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    File URL: http://le.uwpress.org/cgi/reprint/95/4/531
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    Citations

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    Cited by:

    1. Christian Langpap & JunJie Wu, 2021. "Preemptive Incentives and Liability Rules for Wildfire Risk Management," American Journal of Agricultural Economics, John Wiley & Sons, vol. 103(5), pages 1783-1801, October.
    2. Sisante, Angelo & Taylor, Michael H. & Rollins, Kimberly S., 2018. "Money to Burn? Risk Attitudes and Private Investment to Mitigate Wildfire Risk," 2018 Annual Meeting, August 5-7, Washington, D.C. 274305, Agricultural and Applied Economics Association.
    3. Stephan Kroll & Aric P. Shafran, 2018. "Spatial externalities and risk in interdependent security games," Journal of Risk and Uncertainty, Springer, vol. 56(3), pages 237-257, June.
    4. Katherine L. Dickinson & Hannah Brenkert-Smith & Greg Madonia & Nicholas E. Flores, 2020. "Risk interdependency, social norms, and wildfire mitigation: a choice experiment," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 103(1), pages 1327-1354, August.

    More about this item

    JEL classification:

    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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