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Deriving fair incentives for management of hardwood timber stands

Informally Refereed
Download (PDF 1.04 MB): https://research.fs.usda.gov/download/treesearch/23631.pdf

Abstract

The authors present a practical method for deriving timber-management incentive payments and demonstrate its application in forest stands of upland hardwoods. The suggested incentive payment is based on the differences between discounted costs and returns of deliberate forest management and the "harvest and let grow" option.

Citation

Gansner, David A.; Owen, W. Herrick; Larsen, David N. 1973. Deriving fair incentives for management of hardwood timber stands. Res. Pap. NE-263. Upper Darby, PA: U.S. Department of Agriculture, Forest Service, Northeastern Forest Experiment Station. 4 p.