Skip to main content

Discussion Paper: König-Faustmannism: A Critique

Buy Article:

$29.50 plus tax (Refund Policy)


The König-Faustmann form of marginal analysis derives a valid estimate of the financially optimal rotation for individual trees and other indivisible forest capital: forests whose age-class structure is not to be changed. For divisible capital, the applicable form of the marginal model derives a shorter rotation because it allows for interactions among forest compartments. For. Sci. 36(1):169-174.

Keywords: Gottlob König; Martin Faustmann; current net worth; financial maturity; land-expectation value; marginal revenue and cost; maximum net return; optimal timber rotation

Document Type: Discussion

Affiliations: Distinguished Professor at the State University of New York, Syracuse; more Recently Thomas M. Brooks Professor of Forestry, Forestry Department, VPI & SU

Publication date: March 1, 1990

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
  • Submit a Paper
  • Membership Information
  • Author Guidelines
  • Ingenta Connect is not responsible for the content or availability of external websites

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Partial Open Access Content
Partial Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more