Given the large and increasing bushfire threat to lives and property in Australia, there is a need for economic evaluation of risk mitigation policies that can be implemented by governments and homeowners. Three broad policies applicable for existing at-risk communities are evaluated: expanded use of landscape-scale prescribed fire; home ignition zone treatment (bushfire defence sprinklers); and early evacuation when a bushfire is burning on extreme or catastrophic fire danger days. Early evacuation is the only option that yields net economic benefits relative to existing policy.
CITATION STYLE
Venn, T. J., & Quiggin, J. (2017). Early evacuation is the best bushfire risk mitigation strategy for south-eastern Australia. Australian Journal of Agricultural and Resource Economics, 61(3), 481–497. https://doi.org/10.1111/1467-8489.12215
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