On the Faustmann solution to the forest management problem
From MaRDI portal
Publication:1091246
DOI10.1016/0022-0531(86)90073-6zbMath0622.90021OpenAlexW1983175325MaRDI QIDQ1091246
Tapan Mitra, Henry Y. jun. Wan
Publication date: 1986
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/0022-0531(86)90073-6
Economic growth models (91B62) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)
Related Items (25)
The stochastic mitra-wan forestry model: risk neutral and risk averse cases ⋮ Convergence of optimal harvesting policies to a normal forest ⋮ Deforestation and optimal management ⋮ Economics of harvesting age-structured fish populations ⋮ The economics of forestry and a set-valued turnpike of the classical type ⋮ On the Mitra-Wan forest management problem in continuous time ⋮ Stochastic Mitra-Wan forestry models analyzed as a mean field optimal control problem ⋮ The concavity assumption on felicities and asymptotic dynamics in the RSS model ⋮ On the Mitra-Wan forestry model: a unified analysis ⋮ Vintage capital, investment, and growth ⋮ On the economics of forest vintages ⋮ On the elasticities of harvesting rules ⋮ OPTIMAL HARVESTING OF FOREST AGE CLASSES: A SURVEY OF SOME RECENT RESULTS ⋮ Technology adoption and accumulation in a vintage-capital model ⋮ On a class of infinite horizon optimal control problems ⋮ On locally optimal programs in the Robinson-Solow-Srinivasan model ⋮ Optimal forest rotation and land values under a borrowing constraint. ⋮ Undiscounted optimal growth in the two-sector Robinson-Solow-Srinivasan model: a synthesis of the value-loss approach and dynamic programming ⋮ About optimal harvesting policies for a multiple species forest without discounting ⋮ OPTIMAL HARVESTING OF FOREST AGE CLASSES UNDER PRICE UNCERTAINTY AND RISK AVERSION ⋮ The optimal harvesting problem with a land market: a characterization of the asymptotic convergence ⋮ Irreversibility and the economics of forest conservation ⋮ The convergence of optimal forestry control ⋮ The economics of orchards: An exercise in point-input, flow-output capital theory ⋮ Infinite-horizon competitive programs are optimal
Cites Work
This page was built for publication: On the Faustmann solution to the forest management problem