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To clarify several unclear issues in the existing forestry and carbon literature, we apply an analytically solvable stand-level model for optimizing the values of wood production and carbon sinks. Nonmonotonic stand volume development is shown to lead to locally optimal finite and infinite...
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We study forestry in the Sámi people homeland region to understand an ongoing conflict between conventional forest logging and maintaining forests as reindeer pastures for indigenous people. We use a detailed model that simultaneously includes timber production, carbon storage in living...
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In proceeding beyond the generic optimal rotation model, forest economic research has applied variousspecifications that aim to circumvent the problems of high dimensionality. We specify an age- andsize-structured mixed-species optimal harvesting model with binary variables for harvest timing,...
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