... storm risk ask for specific forest management strategies, which cannot be found intuitively: more complex analyses need support of economic calculations. Faustmann formula Expectation value Survival probability Neighbourhood-protectioneffect Profitability Norway spruce Loisel (2011...

... individually exhibit non-monotonicity to the increase in site quality. 03 09 2008 08 05 2009 © 2009 Elsevier GmbH 2009 Elsevier GmbH Licensed re-use rights only Even-aged stand Faustmann formula Natural resource management C61 D21 Q23 At present, timber is receiving...

...Esa-Jussi Viitala Martin Faustmann has been credited with discovery of the ‘Faustmann formula’, but in this paper we show that similar principles of capital valuation were expounded somewhat earlier. A recently discovered article, published in August 1849 under nom de plume F., is a landmark...

..., a managed group, the rotation age of which is determined by the Faustmann formula and an unmanaged group which is modelled using gentan probability theory. The proportion of forests in the Faustmann group and the parameters of the gentan probability distribution are estimated using a data set from Aichi...

... Licensed re-use rights only Biomass energy crops Faustmann formula non-timber benefits short rotation coppicing Existing forest economics literature focuses on trees for timber production (e.g. Faustmann, 1849 ; Samuelson, 1976 ; Chang, 1998). An emerging issue is that of trees...