An economic model of short-rotation forestry |
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| Authors: | Robert F. Giese Philip C. Jones |
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| Affiliation: | (1) Energy and Environmental Systems Division, Argonne National Laboratory, 9700 South Cass Avenue, 60439 Argonne, IL, USA;(2) Department of Industrial Engineering and Management Sciences, Technological Institute, Northwestern University, 60201 Evanston, IL, USA |
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| Abstract: | This paper presents an economic model of short-rotation forestry and shows that Lemke's linear complementarity algorithm can be used to compute optimal sustainable harvesting strategies. As an example, we apply our method, using existing data, to calculate optimal harvesting strategies for a plantation consisting of two interdependent species of trees. |
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| Keywords: | Linear Complementarity Short-Rotation Forestry Optimal Rotation Period Forestry Management |
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