Adaptive economic and ecological forest management under risk

Background Forest managers must deal with inherently stochastic ecological and economic processes. The future growth of trees is uncertain, and so is their value. The randomness of low-impact, high frequency or rare catastrophic shocks in forest growth has significant implications in shaping the mi...

Full description

Bibliographic Details
Main Authors: Joseph Buongiorno, Mo Zhou
Format: Article
Language:English
Published: SpringerOpen 2015-02-01
Series:Forest Ecosystems
Online Access:http://www.forestecosyst.com/content/2/1/4