Using a landscape simulation model, we examined ecological and economic implications of forest policies designed to emulate the historical fire regime across the 2 x 10⁶ ha Oregon Coast Range. Simulated policies included two variants of the current policy and three policies reflecting aspects...

Non-timber benefits (NTBs) are increasingly being compared with timber values in the crafting of multifunctional forest policies. Since most NTBs are non-marketable goods, special valuation methods are developed for their evaluation. Due to cost and time requirements, it is neither feasible nor...

This study examines the perceived risks to forest biodiversity and perceived effectiveness of biodiversity conservation strategies among the general public. It tests the hypotheses that perceived risk to forest biodiversity is influenced by cognitive factors (value orientation and knowledge) and...

We propose a heterogeneous autoregressive (HAR) model with time-varying parameters in the form of a local linear random forest. In contrast to conventional random forests that approximate the volatility nonparametrically using local averaging, the building blocks of our forest are HAR panel...