The Costs and Losses of Wildfires - NIST

nvlpubs.nist.gov

wildfires equals the unit price (i.e., marginal cost) of intervention. Again, as was the case with the graphical depiction, at the optimal level of intervention, any increase in intervention will not be fully offset by additional avoided damages, while decreases result in damages in excess of the expenditure savings.

  Cost, Losses, Wildfires, Costs and losses of wildfires