Dynamic game theory is applied to analyze the timber market in northern Iran as a duopsony. The Nash equilibrium and the dynamic properties of the system based on marginal adjustments are determined. When timber is sold, the different mills use mixed strategies to give sealed bids. It is found...

The primary objective of the paper was to analyse how marginalisation affects profit efficiency, a secondary to identify and analyse some other possible inefficiency factors. In order to do this we estimated a translog restricted profit frontier function with an integrated inefficiency module....

Increasingly complex social and labor issues are becoming a major concern affecting Chinese companies in their pursuit of a growth and profitability. While disciplinary research has delved into basic facets of job satisfaction, less attention has been given to tackling the applicability of...

The main goal of the study is to compare the management of Estonian public forests and the factors influencing the management with the Finnish public forests. The concept public forests refers here only to the forests managed by the state forest organizations--'RMK' in Estonia and...

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...

This paper presents the latest information on the Japanese marketing environment of structural lumber that is used for house construction. The demand for lumber has decreased, while the demand for structural laminated lumber has been rapidly increasing. The changes in end-users' requirements...

The internalization of small and medium sized companies has recently received an increased amount of attention. However, no existing model or theory manages to satisfactory explain this process, which is indicated by the varying results from empirical studies. The prime interest of this study is...

The European part of Russia forms as important and growing part of total timber trade of Europe. While forest resources in the European part of Russia are vast, the accessibility of these resources limits their potential use. Economic accessibility of forest resource can be calculated based on...