Optimal Public Harvesting under the Interdependence between Private and Public Stands.

This paper uses the Hartman rotation framework to examine the optimal rotation age of public harvesting, when private and public stands may be interdependent in the provision of amenity services. The interaction between private and public agents is modeled as a two-stage game, where in the first stage the government (represented by the Forest Service) acts as a Stackelberg leader decides upon harvesting and, given that, private harvesting is chosen in the second stage.