On the economics of the optimal fallow-cultivation cycle

DOI10.1016/J.JEDC.2003.04.001zbMath1200.91248OpenAlexW2104852111MaRDI QIDQ953663

Yngve Willassen

Publication date: 6 November 2008

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

Full work available at URL: http://hdl.handle.net/10852/17317

zbMATH Keywords

switching costsfallow-cultivation cycleoutput pricessoil conservation

Mathematics Subject Classification ID

Applications of optimal control and differential games (49N90) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Economic dynamics (91B55)

Cites Work

• The stochastic rotation problem: A generalization of Faustmann's formula to stochastic forest growth

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