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Modeling Ecological Constraints on Tropical Forest Management: Comment

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  • Barrett, Christopher B.
  • Batabyal, Amitrajeet A.

Abstract

We comment on four aspects of Albers' [1] model of ecological constraints on tropical forest management. Albers structures her model in a highly asymmetric manner, with strong, uniform biases against development and in favor of preservation. Despite Albers' repeated claims that her model is "complete" and that it has significant implications for tropical forest management, we contend instead that the results of a truly general, empirically defensible model are inherently ambiguous. Spatial and intertemporal dimensions clearly matter, but they do not point as neatly in favor of preservation as Albers would have us believe.
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  • Barrett, Christopher B. & Batabyal, Amitrajeet A., 1997. "Modeling Ecological Constraints on Tropical Forest Management: Comment," Journal of Environmental Economics and Management, Elsevier, vol. 32(2), pages 271-275, February.
    • Handle: RePEc:eee:jeeman:v:32:y:1997:i:2:p:271-275
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    References listed on IDEAS

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    1. Claude Henry, 1974. "Option Values in the Economics of Irreplaceable Assets," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 41(5), pages 89-104.
    2. Krugman, Paul, 1991. "Increasing Returns and Economic Geography," Journal of Political Economy, University of Chicago Press, vol. 99(3), pages 483-499, June.
    3. Kenneth J. Arrow & Anthony C. Fisher, 1974. "Environmental Preservation, Uncertainty, and Irreversibility," Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 4, pages 76-84, Palgrave Macmillan.
    4. Hanemann, W. Michael, 1989. "Information and the concept of option value," Journal of Environmental Economics and Management, Elsevier, vol. 16(1), pages 23-37, January.
    5. Miller, Jon R & Lad, Frank, 1984. "Flexibility, learning, and irreversibility in environmental decisions: A bayesian approach," Journal of Environmental Economics and Management, Elsevier, vol. 11(2), pages 161-172, June.
    6. Amitrajeet A. Batabyal, 1996. "The Timing of Land Development: An Invariance Result," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(4), pages 1092-1097.
    7. Albers, Heidi J., 1996. "Modeling Ecological Constraints on Tropical Forest Management: Spatial Interdependence, Irreversibility, and Uncertainty," Journal of Environmental Economics and Management, Elsevier, vol. 30(1), pages 73-94, January.
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    Cited by:

    1. Albers, Heidi J., 1997. "Modeling Ecological Constraints on Tropical Forest Management: Reply," Journal of Environmental Economics and Management, Elsevier, vol. 33(2), pages 214-219, June.

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    More about this item

    JEL classification:

    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
    • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry

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