Journal article
Risk preferences in strategic wildfire decision making: A choice experiment with U.S. wildfire managers
Risk Analysis, Vol.33(6), pp.1021-1037
2013
Abstract
Federal policy has embraced risa management as an appropriate paradigm for wildfire management. Economic theory suggests that over repeated wildfire events, potential economic costs and risas of ecological damage are optimally balanced when management decisions are free from biases, risa aversion, and risa seeking. Of primary concern in this article is how managers respond to wildfire risa, including the potential effect of wildfires (on ecological values, structures, and safety) and the likelihood of different fire outcomes. We use responses to a choice experiment questionnaire of U.S. federal wildfire managers to measure attitudes toward several components of wildfire risa and to test whether observed risa attitudes are consistent with the efficient allocation of wildfire suppression resources. Our results indicate that fire managers' decisions are consistent with nonexpected utility theories of decisions under risa. Managers may overallocate firefighting resources when the likelihood or potential magnitude of damage from fires is low, and sensitivity to changes in the probability of fire outcomes depends on whether probabilities are close to one or zero and the magnitude of the potential harm. © 2012 Society for Risk Analysis.
Details
- Title
- Risk preferences in strategic wildfire decision making: A choice experiment with U.S. wildfire managers
- Authors
- M J Wibbenmeyer (Author) - University of California, Santa BarbaraM S Hand (Author) - US Forest ServiceD E Calkin (Author) - US Forest ServiceTyron J Venn (Author) - University of MontanaM P Thompson (Author) - US Forest Service
- Publication details
- Risk Analysis, Vol.33(6), pp.1021-1037
- Publisher
- Wiley-Blackwell Publishing Inc.
- Date published
- 2013
- DOI
- 10.1111/j.1539-6924.2012.01894.x
- ISSN
- 0272-4332
- Organisation Unit
- University of the Sunshine Coast, Queensland
- Language
- English
- Record Identifier
- 99449286202621
- Output Type
- Journal article
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- Mathematics, Interdisciplinary Applications
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- Social Sciences, Mathematical Methods
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