Recent research in natural sciences shows that boreal forests' dynamics are much more complex than what many models traditionally used in forestry economics reflect. This essay analyses some challenges of accounting for such complexity. When forest owners continuously harvest several species,...

This paper looks at the optimal location of new forests in a suburban region under area constraints. The GIS-based methodology takes into account use benefits such as timber, hunting, carbon sequestration and recreation, non-use benefits (both bequest and existence values), opportunity costs of...

Stated preference (SP) surveys have been conducted to value non-timber benefits (NTBs) from forests in Norway, Sweden and Finland for about 20 years. The paper first reviews the literature and summarises methodological traditions in SP research in the three countries. Second, a meta-regression...

Recent research in natural sciences shows that boreal forests' dynamics are much more complex than what many models traditionally used in forestry economics reflect. This essay analyses some challenges of accounting for such complexity. When forest owners continuously harvest several species,...

The objective of the paper is to analyze the risk management behavior of a non-industrial private forest owner under uncertainty about the timber production. Two types of hedging strategies with harvesting decisions are studied: a financial practice versus a physical one. We develop a two-period...

Recent research in natural sciences shows that boreal forests' dynamics are much more complex than what many models traditionally used in forestry economics reflect. This essay analyses some challenges of accounting for such complexity. When forest owners continuously harvest several species,...

This paper deals with private forest owners' insurance demand against forest fire risk. Econometric analysis is realized on a sample of forest owners from Aquitaine. It allows identifying determinants of participation to insurance from determinants explaining the difference of willingness-to-pay...

In the context of climate change and of increasing energy prices, the share of fuelwood in primary energy consumption may increase, especially in countries with large forest endowments. However, larger fuelwood consumption may have non-negligible impacts on forest sectors. This paper assesses...

A tax-fund system has been proposed to advance Swedish forest conservation. We present a choice experiment with Swedish private forest owners on preferences for attributes of a tax-fund system. Focusing on three aspects: (i) freedom to choose set-asides, (ii) equity issues, and (iii) frequency...