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Economics of Forest Resources by Gregory S. Amacher, Markku Ollikainen and Erkki A. Koskela (2009, Hardcover)

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Informazioni su questo prodotto

Product Identifiers

PublisherMIT Press

ISBN-100262012480

ISBN-139780262012485

eBay Product ID (ePID)71136030

Product Key Features

Number of Pages448 Pages

LanguageEnglish

Publication NameEconomics of Forest Resources

Publication Year2009

SubjectAgriculture / Forestry, Environmental Economics

TypeTextbook

AuthorGregory S. Amacher, Markku Ollikainen, Erkki A. Koskela

Subject AreaTechnology & Engineering, Business & Economics

FormatHardcover

Dimensions

Item Height1 in

Item Weight30.5 Oz

Item Length9.3 in

Item Width7 in

Additional Product Features

Intended AudienceCollege Audience

LCCN2008-032762

Reviews"Economics of Forest Resourcesis a comprehensive and well-written text covering the classic literature on the economics of forestry and the more recent literature that applies real option theory to the optimal rotation problem. The text also examines the economic incentives and public investment decisions that might contribute to tropical deforestation. This book can be used as a text for a course in forest or resource economics offered to advanced undergraduates or graduate students. Kudos to Amacher, Ollikaine, and Koskela!" -Jon M. Conrad, Professor of Resource Economics, Cornell University

Dewey Edition22

IllustratedYes

Dewey Decimal338.1/349

SynopsisA comprehensive and technical survey of forest resource economics, concentrating on developments in the last twenty years regarding policy instrument choice and uncertainty. The field of forest economics has expanded rapidly in the last two decades, and yet there exists no up-to-date textbook for advanced undergraduate-graduate level use or rigorous reference work for professionals. Economics of Forest Resources fills these gaps, offering a comprehensive technical survey of the field with special attention to recent developments regarding policy instrument choice and uncertainty. It covers all areas in which mathematical models have been used to explain forest owner and user incentives and government behavior, introducing the reader to the rigor needed to think through the consequences of policy instruments. Technically difficult concepts are presented with a unified and progressive approach; an appendix outlines the basic concepts from calculus needed to understand the models and results developed. The book first presents the historical and classic models that every student or researcher in forest economics must know, including Faustman and Hartman approaches, public goods, spatial interdependence, two period life-cycle models, and overlapping generations problems. It then discusses topics including policy instrument choice, deforestation, biodiversity conservation, and age-class based forest modeling. Finally, it surveys such advanced topics as uncertainty in two period models, catastrophic risk, stochastic control problems, deterministic optimal control, and stochastic and deterministic dynamic programming approaches. Boxes with empirical content illustrating applications of the theoretical material appear throughout. Each chapter is self-contained, allowing the reader, student, or instructor to use the text according to individual needs., A comprehensive and technical survey of forest resource economics, concentrating on developments in the last twenty years regarding policy instrument choice and uncertainty.

LC Classification NumberSD393.A46 2009