ON THE OPTIMAL FOREST HARVESTING DECISION

ON THE OPTIMAL FOREST HARVESTING DECISION

This paper deals with the problems of when and whether to harvest a stand of timber which provides valuable services intact as well as when harvested. The analysis extends a previous treatment with the result that it is optimal not to harvest more often and for a greater number of reasons than had b...

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Veröffentlicht in:Economic inquiry 1983-10, Vol.21 (4), p.576-583
1. Verfasser: STRANG, WILLIAM J.
Format: Artikel
Sprache:eng
Schlagworte:
Agricultural economics
Decision making
Forests
Harvest
Optimization
Strategy
Timber
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Beschreibung
Zusammenfassung:This paper deals with the problems of when and whether to harvest a stand of timber which provides valuable services intact as well as when harvested. The analysis extends a previous treatment with the result that it is optimal not to harvest more often and for a greater number of reasons than had been realized.
ISSN:0095-2583
1465-7295
DOI:10.1111/j.1465-7295.1983.tb00655.x