Abstract
When forest owners conduct thinnings in forest stands, their underlying objectives might be various. In the present study, the implications are analyzed when forest owners conduct thinnings in order to generate income with the production of timber. The analysis is restricted to the incentives and opportunities to pursue this aim in an open market of voluntary exchange. In this way, the problem of when to harvest trees prior to the rotation age can be solved within the Faustmann approach as the central action theory of forest economic science.
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© 2014 Springer Fachmedien Wiesbaden
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Coordes, R. (2014). Summary. In: Optimal Thinning within the Faustmann Approach. Springer Vieweg, Wiesbaden. https://doi.org/10.1007/978-3-658-06959-9_6
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DOI: https://doi.org/10.1007/978-3-658-06959-9_6
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Publisher Name: Springer Vieweg, Wiesbaden
Print ISBN: 978-3-658-06958-2
Online ISBN: 978-3-658-06959-9
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