Titlebook: Optimal Thinning within the Faustmann Approach; Renke Coordes Book 2014 Springer Fachmedien Wiesbaden 2014 forest management.forest scienc

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Investment Model,quilibrium was first presented by Martin Faustmann (1849) although his intention then has been to construct a formula for the calculation of the forest land value. The corresponding Faustmann formula combines the relevant aspects of profitable timber production by the cyclic regeneration and harvesting of an even-aged stand.

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Analysis,agraph 3.3), the optimal management regime for an income maximizing forest owner is indicated by the simultaneous satisfaction of the equation system [3-11] which constitutes the first order condition for a maximum of the ..

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Renke CoordesPublication in the field of technical and natural sciences.Includes supplementary material: