Browsing Brage INN by Author "Price, Colin"
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Optimal rotations with declining discount rate: incorporating thinning revenues and crop formation costs in a cross-European comparison
Price, Colin; Sjølie, Hanne Kathrine; Caurla, Sylvain; Yousefpour, Rasoul; Meilby, Henrik (Peer reviewed; Journal article, 2020)Schedules of declining discount rates have been advocated, and adopted by several European governments. They undermine classical solutions to forest economics problems, especially optimal rotation. Adapting classical ...