American forest resource management and planning goes back to the European roots of American Forestry. Timber management plans, documents based on forest regulation for timber production, were the foundation of American forestry. These types of management plans predominated until World War II....

This paper explores the future global potential for bioenergy. We use energy analysis, and more generally climate change effects, as our criteria for evaluation. Since widespread use of new bioenergy is probably decades away, our evaluation attempts to take into account likely future conditions....

This paper explores the future global potential for bioenergy. We use energy analysis, and more generally climate change effects, as our criteria for evaluation. Since widespread use of new bioenergy is probably decades away, our evaluation attempts to take into account likely future conditions....

Graduates of university programs addressing sustainable resource management are likely to shape strategies for natural resource use in the future. Their academic training needs to foster student knowledge of the multiple dimensions of natural resource management. This paper investigates...

Recycling of construction material is a valuable option for minimizing construction & demolition waste streams to landfills and mitigating primary mineral resource depletion. Material flows in the construction sector are governed by a complex socio-technical system in which awarding authorities...

A dynamic analysis of anthropogenic aluminum stocks and flows in the U.S. from 1900 to 2009 has been conducted. Key findings include (1) historical cumulative aluminum input into the U.S. anthroposphere amounts to 438 Tg, with only about 35% of it accumulating in domestic in-use stock; (2) less...

Different world regions have followed very different trajectories for natural resources use over the recent decades. Latin America has pursued a development path based largely on exports of primary resources. Adopting this path has characteristic environmental and social impacts. In this paper,...

In this paper portfolio problems with linear loss functions and multivariate elliptical distributed returns are studied. We consider two risk measures, Value-at-Risk and Conditional-Value-at-Risk, and two types of decision makers, risk neutral and risk averse. For Value-at-Risk, we show that the...

In this paper we derive the closed form solution for multistep predictions of the conditional means and their covariances from multivariate ARMA-GARCH models. These are useful e.g. in mean variance portfolio analysis when the rebalancing frequency is lower than the data frequency. In this...

The paper analyzes the phenomenon of dollarization in a sample of transition economies: Ukraine, Russia, Poland, Czech Republic, Romania, Slovenia, Croatia, Latvia, and Lithuania. Using the Thomas' portfolio balance model, the author tests how the degree of dollarization depends on the relative...