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Stochastic Forest Stand Value and Optimal Timber Harvesting
13 references·7 citing·43 second hop
Stochastic Forest Stand Value and Optimal Timber Harvesting (2004)Stochastic Forest Stand Value and Optimal…Real options in the forest: what if prices are mean-reverting? (2002)Real options in the forest: w…Singular Stochastic Control, Linear Diffusions, and Optimal Stopping: A Class of Solvable Problems (2001)Singular Stochastic Control, …Reward functionals, salvage values, and optimal stopping (2001)Reward functionals, salvage v…Singular stochastic control in the presence of a state-dependent yield structure (2000)Singular stochastic control i…A class of solvable singular stochastic control problems (1999)A class of solvable singular …Stochastic Differential Equations (1998)Stochastic Differential Equat…The Stochastic Behavior of Commodity Prices: Implications for Valuation and Hedging (1997)The Stochastic Behavior of Co…Handbook of Brownian Motion — Facts and Formulae (1996)Handbook of Brownian Motion —…Optimal Switching in an Economic Activity under Uncertainty (1994)Optimal Switching in an Econo…Stochastic Convenience Yield and the Pricing of Oil Contingent Claims (1990)Stochastic Convenience Yield …The tree-cutting problem in a stochastic environment (1989)The tree-cutting problem in a…Investment and the Valuation of Firms When There is an Option to Shut Down (1985)Investment and the Valuation …The Effect of Uncertainty on Saving Decisions (1970)The Effect of Uncertainty on …A General Verification Result for Stochastic Impulse Control Problems (2016)A General Verification Result…On the solution of general impulse control problems using superharmonic functions (2013)On the solution of general im…Stochastic Impulse Control of Non-Markovian Processes (2009)Stochastic Impulse Control of…A Class of Solvable Stopping Games (2008)A Class of Solvable Stopping …The effects of implementation delay on decision-making under uncertainty (2006)The effects of implementation…Optimal harvesting under resource stock and price uncertainty (2006)Optimal harvesting under reso…A class of solvable stochastic dividend optimization problems: on the general impact of flexibility on valuation (2005)A class of solvable stochasti…The effects of price and cost uncertainty on investment (1972)THE VALUE OF AN OPTION TO EXCHANGE ONE ASSET FOR ANOTHER (1978)Real Options and Interactions with Financial Flexibility (1993)Investor valuation of the abandonment option (1996)Corporate Investment and Asset Price Dynamics: Implications for the Cross‐section of Returns (2004)Controlled Diffusion Processes (1980)Stochastic Methods in Economics and Finance. (1984)The Effect of Catastrophic Risk on Forest Investment Decisions (1996)Options, uncertainty and sunk costs: (2003)Profit sharing under the threat of nationalization (2013)Rational Theory of Warrant Pricing (2015)Evaluating Natural Resource Investments (1985)Entry and Exit Decisions under Uncertainty (1989)A Model for Investment Decisions with Switching Costs (2001)On the Starting and Stopping Problem: Application in Reversible Investments (2007)A Finite Horizon Optimal Multiple Switching Problem (2009)Stochastic Differential Equations: An Introduction with Applications. (1987)Continuous-Time Finance. (1991)On the properties of $r$-excessive mappings for a class of diffusions (2003)Controlled Markov Processes and Viscosity Solutions (2005)On the One-Dimensional Optimal Switching Problem (2010)A Theory of the Term Structure of Interest Rates (1985)Oil Price Uncertainty (2010)What do we learn from the price of crude oil futures? (2010)Financialization of Commodity Markets (2013)Proof that Properly Anticipated Prices Fluctuate Randomly (2015)An equilibrium characterization of the term structure (1977)Investment under Uncertainty (1994)Investment Under Uncertainty. (1994)Electricity Prices and Power Derivatives: Evidence from the Nordic Power Exchange (2002)The Fundamentals of Commodity Futures Returns (2012)Drift Independent Volatility Estimation Based on High, Low, Open, and Close Prices (2000)EXPLOSIVE BEHAVIOR IN THE 1990s NASDAQ: WHEN DID EXUBERANCE ESCALATE ASSET VALUES?* (2009)Fluctuations of Lévy Processes with Applications (2014)Macroeconomic determinants of growth: Cross-country evidence (1985)An empirical analysis of cross-national economic growth, 1951–1980 (1989)The Buffer-Stock Theory of Saving: Some Macroeconomic Evidence (1992)A Class of Solvable Impulse Control Problems (2004)Invest or Exit? Optimal Decisions in the Face of a Declining Profit Stream (2010)Optimal Stopping with Information Constraint (2012)On modelling and pricing weather derivatives (2002)Multiscale Stochastic Volatility Asymptotics (2003)Saving and investing for early retirement: A theoretical analysis☆ (2006)
this work references cited by second hop

References

  • 1997The Stochastic Behavior of Commodity Prices: Implications for Valuation and Hedging2,116 cited
  • 1996Handbook of Brownian Motion — Facts and Formulae1,391 cited
  • 1990Stochastic Convenience Yield and the Pricing of Oil Contingent Claims1,058 cited
  • 1970The Effect of Uncertainty on Saving Decisions923 cited
  • 1985Investment and the Valuation of Firms When There is an Option to Shut Down759 cited
  • 1998Stochastic Differential Equations714 cited
  • 1994Optimal Switching in an Economic Activity under Uncertainty198 cited
  • 1989The tree-cutting problem in a stochastic environment182 cited
  • 2001Singular Stochastic Control, Linear Diffusions, and Optimal Stopping: A Class of Solvable Problems90 cited
  • 2001Reward functionals, salvage values, and optimal stopping82 cited
  • 1999A class of solvable singular stochastic control problems56 cited
  • 2000Singular stochastic control in the presence of a state-dependent yield structure53 cited
  • 2002Real options in the forest: what if prices are mean-reverting?52 cited

Cited by

  • 2006Optimal harvesting under resource stock and price uncertainty38 cited
  • 2006The effects of implementation delay on decision-making under uncertainty

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32 cited
  • 2008A Class of Solvable Stopping Games31 cited
  • 2005A class of solvable stochastic dividend optimization problems: on the general impact of flexibility on valuation31 cited
  • 2016A General Verification Result for Stochastic Impulse Control Problems30 cited
  • 2013On the solution of general impulse control problems using superharmonic functions29 cited
  • 2009Stochastic Impulse Control of Non-Markovian Processes26 cited