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The method introduced by Faustmmm and extended by Hartman is used for calculating present values of forestry assetts under various conditions and for determining the optimal rotation. The approach is not stochastic and very simple. The forest benefit contemplated additional to timber is the...
Persistent link: https://www.econbiz.de/10010306023
During the past 15 or so years, a considerable number of valuation studies have been published in German language concerning nature conservation mostly in the agrarian countryside, using the Contingent Valuation Method (CVM). These are documented here and briefly commented on. In the sequel,...
Persistent link: https://www.econbiz.de/10015079163
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