Asset retirement with infinitely repeated alternative replacements: harvest age and species choice in forestry

DOI10.1016/j.jedc.2016.07.008zbMath1401.91570OpenAlexW2477479740MaRDI QIDQ1656371

Skander Ben Abdallah, Pierre Lasserre

Publication date: 10 August 2018

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://cirano.qc.ca/files/publications/2016s-37.pdf

zbMATH Keywords

forestryrotationreal optionsFaustmannalternative speciesasset retirement

Mathematics Subject Classification ID

Financial applications of other theories (91G80) Derivative securities (option pricing, hedging, etc.) (91G20)

Cites Work

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