![Testing transferability of willingness to pay for forest fire prevention among three states of California, Florida and Montana [An article from: Journal of Forest Economics]](https://www.ebooknetworking.net/books/B00/0RR/bigB000RR7U9A.jpg)
Testing transferability of willingness to pay for forest fire prevention among three states of California, Florida and Montana [An article from: Journal of Forest Economics]
Description
This digital document is a journal article from Journal of Forest Economics, published by Elsevier in . The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.
Description:
The equivalency of willingness to pay between the states of California, Florida and Montana is tested. Residents in California, Florida and Montana have an average willingness to pay of $417, $305, and $382 for prescribed burning program, and $403, $230, and $208 for mechanical fire fuel reduction program, respectively. Due to wide confidence intervals, household WTP in the three states are not statistically different. Over all tests, there is mixed evidence on transferability, but California and Montana WTP are similar to each other for prescribed burning and Florida and Montana have similar values for the mechanical fuel reduction.
Description:
The equivalency of willingness to pay between the states of California, Florida and Montana is tested. Residents in California, Florida and Montana have an average willingness to pay of $417, $305, and $382 for prescribed burning program, and $403, $230, and $208 for mechanical fire fuel reduction program, respectively. Due to wide confidence intervals, household WTP in the three states are not statistically different. Over all tests, there is mixed evidence on transferability, but California and Montana WTP are similar to each other for prescribed burning and Florida and Montana have similar values for the mechanical fuel reduction.
