Papers on optimal harvesting regimes for maximizing land expectation value (LEV) that compare different logging practices often ignore differences in variable costs and in damages on the residual stand between logging practices. We use data on a multi-age, multi-species forest in East-Kalimantan...

France has a very ambitious environmental-policy agenda, aimed chiefly at cutting greenhouse gas (GHG) emissions but also at dealing with local air and water pollution, waste management and the conservation of biodiversity. The laws that followed the Grenelle de l’environnement encompass...