Valuing a timber harvest contract as a high-dimensional American call option via least-squares Monte Carlo simulation
type: Item
instance of: scholarly article
title: Valuing a timber harvest contract as a high-dimensional American call option via least-squares Monte Carlo simulation
zbMATH Open document ID: 1542.91243
author: Bin Mei
author: Michael L. Clutter
published in: Natural Resource Modeling
publication date: 2024-06-07T00:00:00Z
Mathematics Subject Classification ID: 91B76
Mathematics Subject Classification ID: 91G20
Mathematics Subject Classification ID: 60G40
Mathematics Subject Classification ID: 91G60
Mathematics Subject Classification ID: 65C05
zbMATH DE Number: 7861383
zbMATH Keywords: forest management
zbMATH Keywords: option value
zbMATH Keywords: timber sale
zbMATH Keywords: valuation
zbMATH Keywords: wood procurement
MaRDI profile type: Publication
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DOI: 10.1111/J.1939-7445.2012.00123.X
description: scientific article; zbMATH DE number 7861383