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Global warming may induce in Western Europe an increase in storms. Hence the forest managers will have to take into account the risk increase. We study the impact of storm risk at the stand level. From the analytical expressions of the Faustmann criterion and the Expected Long-Run Average Yield,...
Persistent link: https://www.econbiz.de/10010820822
The impact of the presence of risk of destructive event on the silvicultural practice of a forest stand is investigated. For that, we consider a model of population dynamics. This model has allowed us to make the comparison without and with risk, and highlight the influence of the presence of...
Persistent link: https://www.econbiz.de/10010821007