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On the option value of old-growth forest

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  • Conrad, Jon M.

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  • Conrad, Jon M., 1997. "On the option value of old-growth forest," Ecological Economics, Elsevier, vol. 22(2), pages 97-102, August.
  • Handle: RePEc:eee:ecolec:v:22:y:1997:i:2:p:97-102
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    References listed on IDEAS

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    1. Reed, William J., 1993. "The decision to conserve or harvest old-growth forest," Ecological Economics, Elsevier, vol. 8(1), pages 45-69, August.
    2. F. Christian Zinkhan, 1991. "Option Pricing and Timberland's Land-Use Conversion Option," Land Economics, University of Wisconsin Press, vol. 67(3), pages 317-325.
    3. Pindyck, Robert S, 1991. "Irreversibility, Uncertainty, and Investment," Journal of Economic Literature, American Economic Association, vol. 29(3), pages 1110-1148, September.
    4. Chambers, Catherine M. & Chambers, Paul E. & Whitehead, John C., 1994. "Conservation organizations and the option value to preserve: an application to debt-for-nature swaps," Ecological Economics, Elsevier, vol. 9(2), pages 135-143, February.
    5. Reed, William J & Clarke, Harry R, 1990. "Harvest Decisions and Asset Valuation for Biological Resources Exhibiting Size-Dependent Stochastic Growth," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 31(1), pages 147-169, February.
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