A More General Dynamic Model of the Optimal Rotation of Forests
The Indian Economic Journal
A deterministic optimal control model is presented for a multiple-use forest, with specific consideration given to provision and maintenance costs associated with a flow of nontimber values. A relatively simple relationship is found which determines the optimal rotation length for such a forest.
Snyder, D.L., and R.N. Bhattacharyya. A More General Dynamic Model of the Optimal Rotation of Forests. Journal of Environmental Economics and Management 18(2, March 1990):168-75.