...Ying Xu; Gregory S. Amacher; Jay Sullivan Previous work in forest management under uncertainty has been based on the assumption that landowners face a risk of only one damaging event during any forest rotation, with the main result being that landowners choose shorter rotation ages. These models...

... the consumer surplus by a much larger amount. Corresponding author. Tel.: +46907866271; fax: +4690786 6073. 24 09 2005 05 06 2007 © 2007 Elsevier GmbH 2007 Elsevier GmbH Licensed re-use rights only Rotation age Reservation price Price uncertainty Timber supply Timber market...

...Zanxin Wang; Margaret M. Calderon; Myrna G. Carandang This paper analyses the effects of resin benefit on the optimal rotation age of Simao pine plantation. Timber growth and resin yield functions were first derived, and then an integrated formulation for Hartman rotation was solved by taking both...

...-7866073, E-mail: Fadian.Lu@sekon.slu.se 13 08 2002 04 04 2003 © 2003 Urban & Fischer Verlag 2003 Urban & Fischer Verlag Licensed re-use rights only Even-aged stand management thinning rotation age adaptive harvest strategy reservation price Q230...

... of risk-aversion does not have any significant impact on the optimal harvest decision. © 1999 Peichen Gong 1999 Peichen Gong Licensed re-use rights only Forest management risk-aversion rotation age uncertainty In recent years interest in stochastic optimization of timber...