IDEAS home Printed from https://ideas.repec.org/a/spr/annopr/v95y2000i1p217-22810.1023-a1018918627946.html
   My bibliography  Save this article

Optimal sequential forestry decisions under risk

Author

Listed:
  • Peter Lohmander

Abstract

This paper is a summary of central and typical concepts, ideas and results in the field of sequential optimization and stochastic phenomena in forestry. The sequential optimization methods can be applied to all forestry decisions. The text covers forestry decisions and forest economics issues that are based on sequential decision making. An illustration covers optimal decisions in the presence of stochastic market prices. Stochastic (and/or deterministic but for different reasons unpredictable) changes in the economic and physical environments can be considered in decision making over time as soon as they are revealed. For this reason, the information and decision processes are sequential. Copyright Kluwer Academic Publishers 2000

Suggested Citation

  • Peter Lohmander, 2000. "Optimal sequential forestry decisions under risk," Annals of Operations Research, Springer, vol. 95(1), pages 217-228, January.
    • Handle: RePEc:spr:annopr:v:95:y:2000:i:1:p:217-228:10.1023/a:1018918627946
    DOI: 10.1023/A:1018918627946
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1023/A:1018918627946
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1023/A:1018918627946?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Stanislav Petrasek & John Perez-Garcia & B. Bare, 2015. "Valuing forestlands with stochastic timber and carbon prices," Annals of Operations Research, Springer, vol. 232(1), pages 217-234, September.
    2. Marielle Brunette, 2011. "Une application du Processus de Décision de Markov au secteur forestier : risque de production, de prix et perte de qualité," Post-Print hal-01000606, HAL.
    3. Adriana Piazza & Bernardo Pagnoncelli, 2014. "The optimal harvesting problem under price uncertainty," Annals of Operations Research, Springer, vol. 217(1), pages 425-445, June.
    4. Lars Sängstuvall & Tomas Lämås & Tomas Nordfjell, 2014. "Application of a primarily deductive framework describing time consumption for hauling of logs to road-side," Annals of Operations Research, Springer, vol. 219(1), pages 477-489, August.
    5. Susaeta, Andres & Chang, Sun Joseph & Carter, Douglas R. & Lal, Pankaj, 2014. "Economics of carbon sequestration under fluctuating economic environment, forest management and technological changes: An application to forest stands in the southern United States," Journal of Forest Economics, Elsevier, vol. 20(1), pages 47-64.
    6. Soleiman MOHAMMADI LIMAEI & Peter LOHMANDER & Leif OLSSON, 2017. "Dynamic growth models for continuous cover multi-species forestry in Iranian Caspian forests," Journal of Forest Science, Czech Academy of Agricultural Sciences, vol. 63(11), pages 519-529.
    7. Bernetti, Iacopo & Ciampi, Christian & Fagarazzi, Claudio & Sacchelli, Sandro, 2011. "The evaluation of forest crop damages due to climate change. An application of Dempster-Shafer method," Journal of Forest Economics, Elsevier, vol. 17(3), pages 285-297, August.
    8. Olsson, Leif, 2005. "Road investment scenarios in Northern Sweden," Forest Policy and Economics, Elsevier, vol. 7(4), pages 615-623, May.
    9. Marielle Brunette & Stéphane Couture & Jacques-Alexandre Laye, 2012. "Optimizing forest management under dependent price and production risks: a Markov decision process approach," Post-Print hal-01072291, HAL.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:annopr:v:95:y:2000:i:1:p:217-228:10.1023/a:1018918627946. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.