| 来源类型 | Article |
| 规范类型 | 其他 |
| Decision making in forest management with consideration of stochastic prices. | |
| Limaei SM; Lohmander P; Obersteiner M | |
| 发表日期 | 2010 |
| 出处 | Iranian Journal of Operations Research 2 (1): 32-40. |
| 出版年 | 2010 |
| 语种 | 英语 |
| 摘要 | The optimal harvesting policy is calculated as a function of the entering stock, the price state, the harvesting cost, and the rate of interest in the capital market. In order to determine the optimal harvest schedule, the growth function and stumpage price process are estimated for the Swedish mixed species forests. The stumpage price is assumed to follow a stochastic Markov process. A stochastic dynamic programming technique and traditional deterministic methods are used to obtain the optimal decisions. The expected present value of all future profits is maximized. The results of adaptive optimization are compared with results obtained by the traditional deterministic approach. The results show a significant increase in the expected economic values via optimal adaptive decisions. |
| 主题 | Forestry (FOR) |
| 关键词 | Optimal harvesting Stochastic dynamic programming Forest growth Stumpage prices Swedish forests |
| URL | http://pure.iiasa.ac.at/id/eprint/9204/ |
| 来源智库 | International Institute for Applied Systems Analysis (Austria) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/129098 |
| 推荐引用方式 GB/T 7714 | Limaei SM,Lohmander P,Obersteiner M. Decision making in forest management with consideration of stochastic prices.. 2010. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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