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Optimal Rotation Age of Larix kaempferi Pulpwood Plantation by Real Options Approach

LI -ZijingZhangShougongSunXiaomeiChenDongsheng

2012中国林业科技:英文版Environmental Science被引 2

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摘要

,and the shortest rotation age was 23,20,17 and 15 a when facing to better price;and 2) Wait option should be the optimum strategy in any pulpwood price level when the stand age is lower than the shortest rotation age.

引用本文(GB/T 7714)

LI -, Zijing, Zhang, 等. Optimal Rotation Age of Larix kaempferi Pulpwood Plantation by Real Options Approach[J]. 中国林业科技:英文版, 2012.

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