Ordered Site Access and Optimal Forest Rotation

DOI10.1002/SAPM1985732155MaRDI QIDQ3703562zbMATH OpenOpenAlexFDO

Authors F. Y. M. Wan

Publication date 1985

Published in Studies in Applied Mathematics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1002/sapm1985732155

zbMATH Keywords

Faustmann rotationforest harvestinginfinite harvest sequenceongoing forestsoptimal harvest schedulerenewable resource exploitation

Mathematics Subject Classification ID

Production models (90B30) Economic growth models (91B62) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Recommendations

• Convergence of optimal harvesting policies to a normal forest
• Optimal forest rotation with in situ preferences
• Optimum harvesting policy for an age-structured forest Part 2
• WHEN TO CUT A STAND OF TREES?
• On the Faustmann solution to the forest management problem

Cites work

• Optimal Forest Harvesting with Ordered Site Access
• The economics of forestry when the rate of harvest is constrained

Cited in

(13)

• On the Faustmann solution to the forest management problem
• Socially optimal forestry
• Optimal forest rotation with in situ preferences
• Convergence of optimal harvesting policies to a normal forest
• Deterministic impulse control in native forest ecosystems management
• On equilibrium cycles and normal forests in optimal harvesting of tree vintages
• ENVIRONMENTAL AND FINANCIAL SUSTAINABILITY OF FOREST MANAGEMENT PRACTICES
• OPTIMAL HARVESTING OF FOREST AGE CLASSES: A SURVEY OF SOME RECENT RESULTS
• Optimal forest rotation and land values under a borrowing constraint.
• About optimal harvesting policies for a multiple species forest without discounting
• Approximately optimal forest rotation in a nonstationary environment
• The effects of the risk of fire on the optimal rotation of a forest
• On the economics of forest vintages

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