Forestry, Public Economics

Forestry

The traditional economic problem is the timing of a sequence of harvests of timber of a stand, which is managed in perpetuity with

  1. Prices,
  2. Costs,
  3. Interest rate, and
  4. Productivity

These all are assumed constant. The aim is the maximization of present value of net benefits. The simple model was developed by Faustmann, popularly known as the Faustmann model.

Posted Date: 12/19/2012 12:52:17 AM | Location : United States







Related Discussions:- Forestry, Assignment Help, Ask Question on Forestry, Get Answer, Expert's Help, Forestry Discussions

Write discussion on Forestry
Your posts are moderated
Related Questions
Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Alice and Bob survive on hamburgers and salads. Aliceís utility function is UA = hA(sA 1) where hA and sA are her consumption of hamburgers and salads respectively. Bobís utility

Earlier than the Civil War, the South graded with the North and with England. It sold cotton and bought manufactured goods and food. Throughout the war, one of Lincoln's first acti

Q. Who permits government whatever it does? The simple answer can be: people in a democracy and the monarch/dictator in a monarchy/dictatorship. But neither monarchy exists in

Question: (a) There appears to be an emerging consensus that the movement towards good governance must include initiatives to strengthen the institutions of government and civi

reallocation of the resources from 1 efficient point to another efficient point that cause the production of x increase and production of y decrease hold the condition of contrect

Draw a simple circular flow of income model for a private sector economy.  Label all of the flows, as well as the markets where all exchanges take place.  Describe the exchanges, a


The marginal external cost associated with the emissions of sulfur dioxide is estimated to be $30 per pound of this chemical per year. Assume that each ton of steel produced per ye

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4