We developed a dynamic integrated modeling approach to identify the effect of global warming on the global timber market. The Timber Supply Model 2000, BIOME 3, and Hamburg were used as a suitable economic and ecological model. The TSM 2000 was adopted to model dynamic economic behavior in the...

We comment on four aspects of Albers' [1] model of ecological constraints on tropical forest management. Albers structures her model in a highly asymmetric manner, with strong, uniform biases against development and in favor of preservation. Despite Albers' repeated claims that her model is...

AIn this paper we provide several GAMS- and Excel-based resource-extraction models that can be used in an intermediate-level natural-resource economics course to numerically solve a host of exhaustible- and replenishable-resource problems, and thereby help verify the intuition and symbolic...

We use Kriström’s simple spike model to assess the factors influencing consumers’ willingness to pay a premium for a variety of certified wood products. A survey of over 1600 Pennsylvania and Tennessee residents found that approximately 35% were willing to pay some positive “premium”...

We use Kriström’s simple spike model to assess the factors influencing consumers’ willingness to pay a premium for a variety of certified wood products. A survey of over 1600 Pennsylvania and Tennessee residents found that approximately 35% were willing to pay some positive “premium”...

Forest management around the globe has been discussed and emphasized as one of the practical environmental protection policies. The Kyoto protocol proposed that promotion of sustainable forest management through afforestation and reforestation will increase the potential carbon sink of forest...