Soleiman Mohammadi Limaei

Economics Optimization of Forest Management

Economically Optimal Values and Decisions in Iranian Forest Management

• Broschiertes Buch

Produktbeschreibung

This book presents the economically optimal values and decisions in Iranian Caspian Forests. The optimal harvest decisions were calculated via stochastic dynamic programming. The harvest decisions that maximize the expected present value of all profits over time are made adaptively, conditional on the latest available price and stock information. The results show that you may increase the expected present value via optimal adaptive decisions. Dynamic game theory was applied in a duopsony situation in the timber market and duopoly situation in the product market in northern Iran. The trajectories of the decision probability combination were investigated. It was found that a large number of initial conditions make the decision probability combination follow a special form of attractor and that centers can be expected to appear in typical games.

Produktdetails

• Verlag: LAP Lambert Academic Publishing
• Seitenzahl: 140
• Erscheinungstermin: 3. Februar 2011
• Englisch
• Abmessung: 220mm x 150mm x 9mm
• Gewicht: 227g
• ISBN-13: 9783843377409
• ISBN-10: 3843377405
• Artikelnr.: 32983823

Autorenporträt

Soleiman Mohammadi Limaei received his PhD degree at the Department of Forest Economics from Swedish University of Agricultural Sciences (SLU), Umeå, Sweden. He is currently an Assistant Professor at the Forestry Department of University of Guilan, Iran.