Implications of the reservation price strategy on the optimal harvest decision and production of non...
Implications of the reservation price strategy on the optimal harvest decision and production of nontimber goods in an even-aged forest stand
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Full title
Author / Creator
Publisher
Ottawa: NRC Research Press
Journal title
Language
English
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Publisher
Ottawa: NRC Research Press
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Scope and Contents
Contents
This study analyzes the effects of adopting an adaptive harvest strategy in even-aged forest management under timber price uncertainty on the production of nontimber goods. We use the reservation price strategy (“harvest when the observed timber prices are higher than the reservation prices”) on a longleaf pine (Pinus palustris Mill.) stand and emp...
Alternative Titles
Full title
Implications of the reservation price strategy on the optimal harvest decision and production of nontimber goods in an even-aged forest stand
Authors, Artists and Contributors
Author / Creator
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Record Identifier
TN_cdi_nrcresearch_primary_10_1139_cjfr_2019_0213
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_nrcresearch_primary_10_1139_cjfr_2019_0213
Other Identifiers
ISSN
0045-5067,1208-6037
E-ISSN
1208-6037
DOI
10.1139/cjfr-2019-0213
