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Keywords: Perfect foresight
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Journal Articles
Journal:
Journal of Forest Economics
Journal of Forest Economics (2011) 17 (2): 169–184.
Published: 01 April 2011
... elastic wood demand curve for bioenergy use. Substantial price increases for both raw materials and final products are suggested under either limited or perfect foresight. The analysis may provide useful insight about how agents react to sudden changes depending on their a priori information...
