Techniques for assessing relative values for multiple objective management on private forests

Abstract

Decision models for assessing multiple objective management of private lands will require estimates of the relative values of various nonmarket outputs or objectives that have become increasingly important. In this study, conjoint techniques are used to assess the relative values and acceptable trade-offs (marginal rates of substitution) among various objectives related to ecosystem management on private lands. Specific objectives that were considered include: maintaining apple trees to benefit wildlife, protecting rare ferns to enhance aesthetics and biodiversity, improving recreational trails, harvesting timber, and minimizing management costs. A mail survey sent to 1,250 forest-land owners in Franklin County, Massachusetts, provides the basis for the analyses.

Citation

Dennis, Donald F.; Stevens, Thomas H.; Kittredge, David B.; Rickenbach, Mark G. 2003. Techniques for assessing relative values for multiple objective management on private forests. In: Arthaud, Greg J.; Barrett, Tara M., eds. Systems analysis in forest resources, Proceedings of the eighth symposium, September 27-30, 2000, Snowmass Village, CO: Kluwer Academic Publishers: Boston, MA. 127-134.