Brunette, Marielle; Couture, Stéphane; Laye, Jacques - Laboratoire d'Économie Forestière, Département … - 2012
Windstorms generate windfalls that may lead to price decreases. Studies have often focused on stochastic growth and price, but considered that the link between these two risks was generally nil. In our model, we assume that storms generate windfalls and that these windfalls have an impact on...