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Optimal Thinning within the Faustmann Approach

By Renke Coordes

Optimal Thinning within the Faustmann Approach

By Renke Coordes

0 - Default Title
Description
Forest stands are thinned all over the world. Yet, there was hitherto no consistent theory which allowed deriving unambiguous conditions for thinnings as the harvest of trees prior to the rotation age. Renke Coordes closes this gap by proposing a new, more general view on the Faustmann model as the basic investment model in forest resource economics. With the introduction of mutual interdependencies between the trees growing in a stand and the opportunity to harvest trees prior to the rotation age, optimal thinning regimes can be derived and analyzed. The implications of the proposed model are thoroughly discussed against the background of practical forest management decisions. The author closes with adaptations to the problems of the management of mixed, multiple-use and uneven-aged stands and entire forests. In this way, a unified perspective on the management of forests as natural resources is offered.
Product details
Binding:
Paperback
Edition:
1
Number of Pages:
264
Release Date:
2014-08-25
Publication Date:
2014-08-25
Publisher:
Springer Fachmedien Wiesbaden
Languages:
Original: English
ISBN10:
3658069589
ISBN13:
9783658069582
GPSR Manufacturer Reference:
[email protected]
Weight:
346 g
Height:
148 cm
Width:
210 cm
Thickness:
15 cm
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