Daigneault, Adam J.; Sohngen, Brent; Miranda, Mario J. - Agricultural and Applied Economics Association - AAEA - 2007
management regime and rotation age empirically using a typical Douglas-fir stand in the Pacific Northwest. The model incorporates … risk-reducing management practices that allow risk and growth to be endogenous, and the optimal rotation model is solved … probability of fire and that the frequency of risk-reducing management practices increase as the stand approaches the optimal …