首页    期刊浏览 2024年12月11日 星期三
登录注册

文章基本信息

  • 标题:Spatio-Temporal Modeling of Lightning Fires on Forestland: A Compensation Scheme
  • 本地全文:下载
  • 作者:Chen, Xuan ; Goodwin, Barry K.
  • 期刊名称:Journal of Agribusiness
  • 印刷版ISSN:0738-8950
  • 出版年度:2013
  • 期号:Suppl
  • 出版社:Journal of Agribusiness
  • 摘要:In the US forestry industry, wildfire has always been one of the leading causes of damage. This topic is of growing interest as wildfire has caused huge losses in recent years. Among all causes, lightning has always been the leading hazard. Unlike human related wildfires for which timber owners may be able to trace the responsible persons to claim losses, forestland owners essentially have no means to recover their losses against lightning-induced wildfire. In light of the fact that there are very few risk management instruments available to compensate timber losses. Following this line of inquiry, our paper studies risks of lightning induced wildfire, conditioning on crucial informational variables, across both spatial units and time periods. A non-parametric bootstrapping method is used to quantify the risks. Some relevant observable variables, such as environment and climate factors, are found to be statistically significant factors related to wildfire risks. A group index insurance scheme has been proposed and its associated actuarially fair premium rates have been estimated. Implications for wildfire management policies are also discussed.
  • 关键词:lightning fire;index insurance;spatio-temporal correlation
国家哲学社会科学文献中心版权所有