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timber value and non-timber values at-risk. Simulations are performed for a ponderosa pine forest and discussed with a focus … when non-timber values-at-risk such as wildland- urban interface property is not accounted for in private fuel management …
Persistent link: https://www.econbiz.de/10005118903
We consider the forestry decision-making and harvesting problem from the perspective of financial portfolio management … forest land, or without the land (i.e., harvesting), on the portfolio efficiency. As our research methodology, we utilize the …
Persistent link: https://www.econbiz.de/10005134874
Ideal economics? A “non-ideal” economics approach has been proposed, which considers the possibility of arrangement infringements. It gives promises for both solving fundamental problems of economic theory and creation of new directions and fields of research. The approach application in...
Persistent link: https://www.econbiz.de/10005124942
A revolution in economics. Is it possible? Is its concept a transition from ideal to real economics? The way to the transition may be a new aspect of uncertainty. Problems, which can be solved, research fields, which can be augmented or created, and fields of applications in practical economy...
Persistent link: https://www.econbiz.de/10005126070
This paper studies poverty as a dynamic phenomenon, motivated by the recurring economic crises that affect developing countries and the incidence of income fluctuations on household welfare. While the increasing availability of household panel data has been exploited in theoretical analysis and...
Persistent link: https://www.econbiz.de/10005408367
of family farms and socialist-style farms in the presence of risk, given the typical post-socialist environment …
Persistent link: https://www.econbiz.de/10005555994
paradox, risk aversion and other well-known fundamental problems. For a long time, this opinion was a barrier to proper …
Persistent link: https://www.econbiz.de/10005560978
frontier, leaving the hedging decision up to the agent's degree of risk aversion. All hedging strategies are shown to …
Persistent link: https://www.econbiz.de/10005134698
This paper describes an application of conjoint analysis. The subject of the valuation study is the IJmeer nature reserve, which will be partly destroyed when the new residential area IJburg is built. This paper addresses the following question: ‘What is the extent of the loss of green and...
Persistent link: https://www.econbiz.de/10005062465
A stated-preference approach is used to elicit the attitudes of the general public towards coyotes conservation. The payment vehicle is presented in a way that explicitly prompts individuals to adopt a citizen perspective, rather than a consumer perspective, when responding to the survey. To...
Persistent link: https://www.econbiz.de/10005407792