Comment on "Management Decisions in Severely Damaged Stands"
Abstract:Investment analyses that include sunk costs and ignore the question of unequal lives among proposed management alternatives for fire-damaged stands can lead to erroneous conclusions. Equivalent annual incomes can be computed and adjusted for the difference in time period, thus allowing for direct comparisons.
Document Type: Journal Article
Affiliations: Forest Finance and Taxation Specialist, State and Private Forestry, USDA, Forest Service, Missoula, Montana
Publication date: May 1, 1976
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- The Journal of Forestry is the most widely circulated scholarly forestry journal in the world. In print since 1902, the Journal has received several national awards for excellence. The mission of the Journal of Forestry is to advance the profession of forestry by keeping forest management professionals informed about significant developments and ideas in the many facets of forestry: economics, education and communication, entomology and pathology, fire, forest ecology, geospatial technologies, history, international forestry, measurements, policy, recreation, silviculture, social sciences, soils and hydrology, urban and community forestry, utilization and engineering, and wildlife management. The Journal is published bimonthly: January, March, May, July, September, and November.
2015 Impact Factor: 1.476
Ranking: 22 of 66 in forestry
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