Matches in SemOpenAlex for { <https://semopenalex.org/work/W2768076811> ?p ?o ?g. }
Showing items 1 to 58 of
58
with 100 items per page.
- W2768076811 endingPage "93" @default.
- W2768076811 startingPage "87" @default.
- W2768076811 abstract "Abstract While the rotation of maximum forest rent (no discounting of revenues and costs) is sometimes discussed conceptually and calculated practically, forest economists have almost invariably focused on optimal rotation with a positive discount rate. Some circumstances, especially related to increasing marginal utility with decreasing availability per head of products, would justify use of a negative discount rate. For a logically complete suite of conditions, a means of identifying optimal rotation with such a rate is needed. Applying the usual formulation for land expectation value then produces a meaningless result. Two approaches seem to give a solution. One uses the first-order conditions for an optimum. Another uses inversion of time perspective to produce sensible-seeming results. However, for cases where the world, or the value of forest production, ends suddenly at an unpredictable time, the optimal rotation is, surprisingly, that of maximum forest rent. Where the cause of negative discount rates is of limited duration before stability or growing affluence is re-established, this “provisional optimum” can be modified responsively." @default.
- W2768076811 created "2017-11-17" @default.
- W2768076811 creator A5053315842 @default.
- W2768076811 date "2017-12-01" @default.
- W2768076811 modified "2023-09-26" @default.
- W2768076811 title "Optimal rotation with negative discount rates: completing the picture" @default.
- W2768076811 cites W1974886427 @default.
- W2768076811 cites W1995724625 @default.
- W2768076811 cites W1997627870 @default.
- W2768076811 cites W1997680043 @default.
- W2768076811 cites W1998738729 @default.
- W2768076811 cites W1999966817 @default.
- W2768076811 cites W2035342908 @default.
- W2768076811 cites W2043360725 @default.
- W2768076811 cites W2043467441 @default.
- W2768076811 cites W2064698055 @default.
- W2768076811 cites W2078273739 @default.
- W2768076811 cites W2078382614 @default.
- W2768076811 cites W2312525224 @default.
- W2768076811 doi "https://doi.org/10.1016/j.jfe.2017.08.006" @default.
- W2768076811 hasPublicationYear "2017" @default.
- W2768076811 type Work @default.
- W2768076811 sameAs 2768076811 @default.
- W2768076811 citedByCount "2" @default.
- W2768076811 countsByYear W27680768112019 @default.
- W2768076811 countsByYear W27680768112022 @default.
- W2768076811 crossrefType "journal-article" @default.
- W2768076811 hasAuthorship W2768076811A5053315842 @default.
- W2768076811 hasConcept C149782125 @default.
- W2768076811 hasConcept C162324750 @default.
- W2768076811 hasConcept C2524010 @default.
- W2768076811 hasConcept C33923547 @default.
- W2768076811 hasConcept C74050887 @default.
- W2768076811 hasConceptScore W2768076811C149782125 @default.
- W2768076811 hasConceptScore W2768076811C162324750 @default.
- W2768076811 hasConceptScore W2768076811C2524010 @default.
- W2768076811 hasConceptScore W2768076811C33923547 @default.
- W2768076811 hasConceptScore W2768076811C74050887 @default.
- W2768076811 hasLocation W27680768111 @default.
- W2768076811 hasOpenAccess W2768076811 @default.
- W2768076811 hasPrimaryLocation W27680768111 @default.
- W2768076811 hasRelatedWork W1522504334 @default.
- W2768076811 hasRelatedWork W1973538245 @default.
- W2768076811 hasRelatedWork W2013444265 @default.
- W2768076811 hasRelatedWork W2021570049 @default.
- W2768076811 hasRelatedWork W2023446719 @default.
- W2768076811 hasRelatedWork W2030617584 @default.
- W2768076811 hasRelatedWork W2056210026 @default.
- W2768076811 hasRelatedWork W3149328373 @default.
- W2768076811 hasRelatedWork W331667891 @default.
- W2768076811 hasRelatedWork W2142213187 @default.
- W2768076811 hasVolume "29" @default.
- W2768076811 isParatext "false" @default.
- W2768076811 isRetracted "false" @default.
- W2768076811 magId "2768076811" @default.
- W2768076811 workType "article" @default.