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Analysis of Economic Impacts on Thinning and Rotation for Douglas-Fir, using Dynamic Programming

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Abstract:

Impacts of regeneration cost, initial stocking level, site, quality premiums, and variable logging costs on thinning and rotation are derived with a forward-recursion dynamic programming algorithm. The relative efficiency and information provided in intermediate solutions is compared to previously used backward recursions. A resolution is offered of an earlier controversy regarding the form of dynamic programming algorithm and validity of results in studies of thinning and rotation. Forest Sci. 24:513-522.

Keywords: Optimization; economic cost of reduced stocking; quality premium; regeneration cost analysis

Document Type: Journal Article

Affiliations: Graduate Research Assistant, Department of Forest Management, School of Forestry, Oregon State University, Corvallis, OR 97331

Publication date: December 1, 1978

More about this publication?
  • Forest Science is a peer-reviewed journal publishing fundamental and applied research that explores all aspects of natural and social sciences as they apply to the function and management of the forested ecosystems of the world. Topics include silviculture, forest management, biometrics, economics, entomology & pathology, fire & fuels management, forest ecology, genetics & tree improvement, geospatial technologies, harvesting & utilization, landscape ecology, operations research, forest policy, physiology, recreation, social sciences, soils & hydrology, and wildlife management.
    Forest Science is published bimonthly in February, April, June, August, October, and December.

    2015 Impact Factor: 1.702
    Ranking: 16 of 66 in forestry

    Also published by SAF:
    Journal of Forestry
    Other SAF Publications
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