Titlebook: Recent Accomplishments in Applied Forest Economics Research; F. Helles,N. Strange,L. Wichmann Book 2003 Springer Science+Business Media B.

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Afforestation as a real option: Choosing among options timing of an investment facing the choice between two mutually exclusive real options with stochastic and possibly correlated returns. The paper presents a simple two-period model, outlines a continuous-time model, and presents some results of a numerical solution procedure for the case of afforestation.

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The value of urban afforestation: A hedonic pricing cased data from two residential areas to calculate WTP-measures for two afforestation projects. Proximity to afforestation areas is found to have a significant effect on property values, implying considerable willingness-to-pay.

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Comparison of multi-criteria optimization techniques for selection of conservation areasramming is time-inefficient for complex problem formulations that involve a large number of sites and consider spatial connectivity. The practical applicability of any of these techniques will to a high degree depend on the success of combating the professional isolationism within the science and practice of reserve selection.

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The impact of government investment assistance on forest investment and timber supply3 to 2000. Significant negative cost sharing effects on timber supply are not found in the data. Unit costs of investments increase wood supply. A strong complementary is found between forest investments and sawlog and pulpwood supplies.

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