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In a choice experiment we test income effects for different attributes and we test the effect of stated expected changes in future income on stated WTP. We find both present and future income to be significant determinants of stated WTP when included in the same model. We also find that the less...
Persistent link: https://www.econbiz.de/10011200978
This paper intends to investigate whether forest products prices are converging on a global basis. Recent market integration studies have analysed price linkages within limited geographic regions, and have frequently concluded that regional forest product markets are integrated. Industrial...
Persistent link: https://www.econbiz.de/10011168090
The forest owners' timber-selling satisfaction has been researched only a little even it can be considered as an essential feature in the timber-sales transactions. The satisfaction survey was conducted for the Finnish non-industrial private forest owners. Forest owners sent back 796 completed...
Persistent link: https://www.econbiz.de/10011168079
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This paper analyzes the effects of using product costs derived from an LP-model for managing the salesmen's efforts at a sawmill company. The salesmen are not controlled by sales quota, as is usual, but assessed by the accounting profit they generate. The analysis is realized by a computer...
Persistent link: https://www.econbiz.de/10011168085
Mainstream economists have begun voicing disquiet about how dicounting affects values ascribed to the distant future. It has been proposed that discount rates should decline through time. Some reasons for this (hyperbolic discounting by one individual, fair treatment of future generations,...
Persistent link: https://www.econbiz.de/10011168087
Persistent link: https://www.econbiz.de/10011168088
Logging contractor profits have been reported to decrease substantially in Swedish forestry in later years. During the same period there have been reports on a declining work environment in logging leading to difficult recruitment of personnel. Previous research has shown needs for both business...
Persistent link: https://www.econbiz.de/10011168092
Selective logging operations in natural tropical forests often involve a very limited number of commercial tree species and if the density of these species is low, the number of trees felled may be only a few per ha. Consequently the costs of road and trail networks have a significant impact on...
Persistent link: https://www.econbiz.de/10011168093
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