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What is the price of catastrophic wildfire?

Butry, D. T., D. E. Mercer, J. P. Prestemon, J. M. Pye, and T. P. Holmes

We modeled and analyzed the economic impacts of the six weeks of large, catastrophic wildfires in northeastern Florida in June and July 1998, among Florida's most devastating in recent history. The result of the unusually strong El Nino-Southern Oscillation (ENSO) in 1998, the Florida wildfires produced economic impacts of at least $600 million, similar in scale to recent category-2 hurricanes. Improved understanding of the interactions between management, wildfire, and its costs may yield large payoffs to society by identifying optimal intervention activities.

Fiscal Year: fy02 ·  Problem Area: pa98-5 ·  Theme: cctrgnas ·  Source: resunit   <== Explain

Citation: Butry, D. T., D. E. Mercer, J. P. Prestemon, J. M. Pye, and T. P. Holmes. 2001. What is the price of catastrophic wildfire? Journal of Forestry 99(11):9-17.

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