%0 Journal Article
%A Armstrong, G.W.
%A Cumming, S.G.
%T Estimating the cost of land base changes due to wildfire using shadow prices
%B Forest Science
%D 2003
%V 49
%P 719-730
%N 5
%X Linear-programming-based timber harvest scheduling models produce
shadow prices of constraints as a standard output. We present a method
whereby the shadow prices of starting inventory constraints can be
used to approximate the costs of land base changes, expressed in
terms of the units of measure for the objective function in the timber
supply model. We use this method to approximate the cost of forest
fires, and compare these costs to a measure of the true cost. The
approximation worked remarkably well over a large range of fire sizes,
and alternative model formulations, for a study area in northeastern
Alberta, Canada.
%F ArmstrongCumming2003
%3 BibTeX type = ARTICLE