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Estimate the Forest Recreational Values of Zhangjiajie in China Using a Contingent Valuation Method
Forest Recreation Recreational Values Contingent Valuation Method Zhangjiajie
2013/2/25
Zhangjiajie, a World Natural Heritage, is located in Chinese Wuling hinterland and rich in forest resources with cov-erage rate 64.61 percent of forest. Zhangjiajie was listed in World Natural Heritag...
An Analytical Optimal Strategy of the Forest Asset Dynamic Management under Stochastic Timber Price and Growth: A Portfolio Approach
Forest Management Analytical Stochastic Price and Growth Portfolio Carbon Subsidies
2013/2/25
Considering the valuation of forest stands based on revenue from wood sales, concession policy (such as carbon sub- sidies) and associated costs, the paper focuses on the stochastic control model to s...