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Keywords: Uncertainty
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Journal Articles
Journal of Forest Economics (2021) 36 (4): 315–350.
Published: 11 October 2021
.... Kölle, M. Buchholz and O. Musshoff 2021 W. Kölle, M. Buchholz and O. Musshoff Licensed re-use rights only JEL Codes: H23, H41, I39, Q23, Q57 Cost-effectiveness cost-benefit analysis forestry conservation uncertainty risk aversion nonuse values key biotopes Climatic...
Journal Articles
Journal of Forest Economics (2021) 36 (3): 183–200.
Published: 18 June 2021
.... Kriström 2021 P-O. Johansson and B. Kriström Licensed re-use rights only JEL Codes: H23, H41, I39, Q23, Q57 Cost-effectiveness cost-benefit analysis forestry conservation uncertainty risk aversion nonuse values key biotopes The most basic approach to conservation is to select...
Journal Articles
Journal of Forest Economics (2018) 32 (1): 106–115.
Published: 01 August 2018
... addressed the impacts of this uncertainty and the main objectives of this article are to quantify major market uncertainties in the Norwegian forest sector and analyse their impacts on the results of a forest sector model study for Norway. The uncertainties are derived from historical time series...
Journal Articles
Journal of Forest Economics (2014) 20 (1): 77–92.
Published: 01 January 2014
... of habitats, and this is formulated in a chance-constrained programming framework. The theoretical results show; (i) inclusion of quality growth reduces overall cost for achieving a future biodiversity target from relatively early establishment of habitats, but (ii) consideration of uncertainty in growth...
Journal Articles
Journal of Forest Economics (2013) 19 (2): 174–189.
Published: 01 April 2013
... variation in carbon sink value depending on risk discount. Under no uncertainty, the value can correspond to 0.33% of total GDP in EU, but it declines due to the uncertainty associated with forest carbon sink and is zero for high probability levels in achieving the target. Thus, whether or not to recommend...
Journal Articles
Journal Articles
Journal Articles
Journal Articles
Journal of Forest Economics (2008) 14 (4): 268–288.
Published: 01 November 2008
...; fax: + 15402313698. E-mail address: jsulliv@vt.edu (J. Sullivan). 13 03 2006 16 08 2007 © 2008 Elsevier GmbH 2008 Elsevier GmbH Licensed re-use rights only Catastrophic damage Faustmann model Uncertainty Non-industrial forest landowners Q23 Q54 D81 Pine...
Journal Articles
Journal Articles
Journal of Forest Economics (1999) 5 (3): 413–439.
Published: 31 December 1999
... only Decision analysis even-aged stand reservation price stochastic optimization uncertainty Interest in determining adaptive timber harvest policies has increased greatly in the last decade. Traditionally, timber harvest decision analysis aims at determining the optimal harvest...
Journal Articles
Journal of Forest Economics (1999) 5 (2): 321–336.
Published: 31 July 1999
..., Wiktor L. Adamowicz and William A. White Licensed re-use rights only Computable general equilibrium global trade model parameters uncertainty Computable general equilibrium (CGE) models are extensively used to examine economic impacts of changes in forest policies. 1 Shoven...
Journal Articles
Journal of Forest Economics (1999) 5 (1): 123–138.
Published: 31 March 1999
...Peichen Gong Diversification of management alternatives is an important, yet neglected issue in forestry decision making under conditions of uncertainty and when the forest owner is risk-averse. This paper presents a model for determining the optimal diversification strategy for clearcut...

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