Bequests, Credit Rationing and in situ Values in the Faustmann-Pressler-Ohlin Forestry Model

DOI10.1111/1467-9442.00136zbMATH Open0919.90043OpenAlexW1964614025MaRDI QIDQ4244615FDOQ4244615

O. Tahvonen

Publication date: 31 May 1999

Published in: Scandinavian Journal of Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1111/1467-9442.00136

zbMATH Keywords

forestryoptimal stopping timeoptimal aging processrotation model

Mathematics Subject Classification ID

Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Economic growth models (91B62) Application models in control theory (93C95)

Cited In (2)

• Optimal forest rotation and land values under a borrowing constraint.
• The convergence of optimal forestry control

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