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Structural estimation of the stochastic dynamic decision problems of resource users: An application to the timber harvest decision

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Publication:1817080
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DOI10.1006/JEEM.1995.1050zbMath0860.90035OpenAlexW2124472751MaRDI QIDQ1817080

Bill Provencher

Publication date: 20 January 1997

Published in: Journal of Environmental Economics and Management (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1006/jeem.1995.1050


zbMATH Keywords

structural estimationnesting a stochastic dynamic programming algorithmstochastic dynamic decision problems of resource userstimber harvest decision


Mathematics Subject Classification ID

Applications of mathematical programming (90C90) Stochastic programming (90C15) Dynamic programming (90C39) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)


Related Items (1)

Optimal costless extraction rate changes from a non-renewable resource







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