The paper presents a combined simulation-optimization approach to model forest conversion planning taking the values of timber, carbon and biodiversity into account. The development of a virtual age-class forest was predicted by adopting a single tree forest growth tool, "TreeGrOSS". The effects...

Cette etude applique la methodologie developpee par O.J. Blanchard et P. Diamond (1989) pour decomposer les fluctuations du chomage provenant de chocs d'activite economique agregee, de chocs de redistribution et de chocs sur le taux d'activite. On estime un modele vectoriel autoregressif...

We apply Bayesian updating theory to model how decision-makers may gradually learn about climate change and make use of this information in making adaptive forest management decisions. We develop modelling steps to i) simulate observation of a multi-dimensional climate system, ii) apply updating...