Faustmann Rotation and population dynamics in the presence of a risk of destructive events

Patrice Loisel (1)

1 MISTEA - Mathématiques, Informatique et STatistique pour l'Environnement et l'Agronomie

The impact of the presence of risk of destructive event on the silvicultural practice of a forest stand is investigated. For that, we consider a model of population dynamics. This model has allowed us to make the comparison without and with risk, and highlight the influence of the presence of risk of destructive event on optimal thinning and optimal rotation period.

Mots clés: Faustmann rotation; Optimal cutting age; Model; Thinning; Natural risk

Domaines: Optimisation et contrôle [math.OC]; Gestion des risques [q-fin.RM]

Patrice Loisel. Faustmann Rotation and population dynamics in the presence of a risk of destructive events. Journal of Forest Economics, 2011, 17 (3), pp.235-247. ⟨10.1016/j.jfe.2011.02.001⟩. ⟨hal-00787320⟩