WHEN TO CUT A STAND OF TREES?

DOI10.1111/j.1939-7445.1997.tb00108.xzbMath0927.91038OpenAlexW2633138515MaRDI QIDQ4254928

Runsheng Yin, David H. Newman

Publication date: 9 August 1999

Published in: Natural Resource Modeling (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1111/j.1939-7445.1997.tb00108.x

zbMATH Keywords

economic optimalityFaustmann cutting agestochastic optimal stopping timetimber harvest

Mathematics Subject Classification ID

Optimal stochastic control (93E20) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

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