Previous studies have reported significant gains from adaptive harvest strategies when future timber prices are uncertain. For the final harvest decision in even-aged stand management, the adaptive strategy typically means that a stand is harvested only when the timber price is high, whereas low...

The profitability of seven silvicultural measures to increase forest growth was examined for the forest company Holmen Skog in northern Sweden. The report rests on data from a recent Production Assessment where a wide range of measures to increase short and long term forest growth for the...

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This paper develops an optimal harvesting model for the wild Atlantic salmon (Salmo salar), where various age classes of the population is included. It is shown that the marginal value-fecundity relationship of the spawning population, comprising young and old fish, is crucial for the optimal...

Woody biomass is the largest source of renewable energy in Europe and the expected increase in demand for wood was the stimulus for writing this paper. We discuss the economic effects of biophysical capacity limits in forest yield from a partial equilibrium perspective. Opportunities to increase...

A mail survey of NIPF owners in two counties in northern Sweden was conducted to investigate the risk preferences, perceptions of the return and risk of timber investment relative to investment alternatives outside forestry. Our aim was to determine to what extent the NIPF owners’ harvesting...