Document Type

Article

Journal/Book Title/Conference

Economic Research Institute Study paper

Publisher

Utah State University

Publication Date

9-1-1985

Rights

Copyright for this work is held by the author. Transmission or reproduction of materials protected by copyright beyond that allowed by fair use requires the written permission of the copyright owners. Works not in the public domain cannot be commercially exploited without permission of the copyright owner. Responsibility for any use rests exclusively with the user. For more information contact the Institutional Repository Librarian at digitalcommons@usu.edu.

First Page

1

Last Page

13

Abstract

The disparity between theory and practice has definitely contributed to a continuing interest in the determination of the optimal harvest age for a growing forest. The Faustmann model has played a key role in this respect. The optimal rotation problem, as viewed by Faustmann (1849), is a timber management problem when knowledge of the forest operator about the resource biomass is certain and depends only on the natural biological growth characteristics of the tree population.

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