Nana, Tian; Lu, Fadian - In: Journal of Forest Economics 19 (2013) 2, pp. 162-173
. Under the assumption of risk neutral preferences of the investors, the results suggest that the reservation price strategy … remains optimal for the harvesting decision of agro-forests: when the timber price is higher than the reservation price … presented for sample agro-forest stands, which show that, with underwood planting, the reservation price for timber harvesting …