Optimal Forest Management Using Stochastic Dynamic Programming Approach - A Case Study from the Hyrcanian Forests of Iran
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41320%2F23%3A96955" target="_blank" >RIV/60460709:41320/23:96955 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.1080/10549811.2021.1961277" target="_blank" >http://dx.doi.org/10.1080/10549811.2021.1961277</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1080/10549811.2021.1961277" target="_blank" >10.1080/10549811.2021.1961277</a>
Alternative languages
Result language
angličtina
Original language name
Optimal Forest Management Using Stochastic Dynamic Programming Approach - A Case Study from the Hyrcanian Forests of Iran
Original language description
The aim of this study is to estimate the optimal forest harvest considering economic and environmental objectives in an uneven-aged forest in the north of Iran. Required data were collected such as stumpage price, harvesting variable costs, growth, volume, basal area, sequestrated carbon, carbon dioxide storage, and price. The required input models for optimization were estimated using the collected data. A stochastic dynamic programming technique was used for optimization. The results indicated that the harvesting volume was higher when only the economic objective was considered instead of considering economic and environmental objectives. The results also indicated that the harvesting volume would occur at a higher level of volume per hectare if we only consider the environmental objective. The results showed that the expected present value was higher when economic and environmental objectives were considered simultaneously. The results indicated when interest rate increased, the harvesting time and the expected present value decreased. The results showed that the expected present value increases with increasing the risk. The results of this study can be a guideline for optimal forest management.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
40102 - Forestry
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Journal of Sustainable Forestry
ISSN
1054-9811
e-ISSN
1054-9811
Volume of the periodical
42
Issue of the periodical within the volume
1
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
15
Pages from-to
120-134
UT code for WoS article
000684427400001
EID of the result in the Scopus database
2-s2.0-85112318252