IRREVERSIBLE INVESTMENT AND OPTIMAL FOREST EXPLOITATION
Author:
Affiliation:
1. Université de Moncton; Moncton N.B. Canada
2. Research Branch; B.C. Forest Service; Victoria B.C. Canada
3. University of Victoria; Victoria B.C. Canada
Funder
Natural Sciences and Engineering Research Council of Canada
Publisher
Wiley
Subject
Environmental Science (miscellaneous),Modeling and Simulation
Link
http://onlinelibrary.wiley.com/wol1/doi/10.1111/j.1939-7445.1988.tb00047.x/fullpdf
Reference11 articles.
1. Optimal capital policy with irreversible investment;Arrow,1968
2. The optimal exploitation of renewable resource stocks: problems of irreversible investment;Clark;Econometrica,1979
3. Comments and viewpoints;Dowdle,1976
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