Searching for an optimal rotation age for forest stand management under stochastic log prices
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- Pindyck, Robert S., 1986.
"Irreversible investment, capacity choice, and the value of the firm,"
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- Brennan, Michael J & Schwartz, Eduardo S, 1985. "Evaluating Natural Resource Investments," The Journal of Business, University of Chicago Press, vol. 58(2), pages 135-57, April.
- 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.
- Bowes, Michael D. & Krutilla, John V., 1985. "Multiple use management of public forestlands," Handbook of Natural Resource and Energy Economics, in: A. V. Kneese† & J. L. Sweeney (ed.), Handbook of Natural Resource and Energy Economics, edition 1, volume 2, chapter 12, pages 531-569 Elsevier.
- Thomas A. Thomson, 1992. "Optimal Forest Rotation When Stumpage Prices Follow a Diffusion Process," Land Economics, University of Wisconsin Press, vol. 68(3), pages 329-342.
- Bailey, Warren, 1991. "Valuing agricultural firms : An examination of the contingent-claims approach to pricing real assets," Journal of Economic Dynamics and Control, Elsevier, vol. 15(4), pages 771-791, October.
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