A Recursive Approach to Include Complex Demand Equations in Economic Harvest Scheduling

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a recursive approach to include complex demand.pdf (159.71 KB)

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1980-09

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Abstract

The two current algorithms for harvest scheduling are based on a downward sloping linear demand curve that uses a simple demand for stumpage equation including only the quantity demanded and the own price as variables. This paper presents the economics and theoretical reasoning for including additional variables in the demand for stumpage equation. The linkage equation is redeveloped to include these variables over time. FOREST Sci. 26:369-373.

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Forest economics, simulation, present net worth, econometrics

Citation

Forest Science Vol.26 No.3, September 1980,pp.369-370

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http://hdl.handle.net/123456789/5691

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