Price Modeling of <i>Eucalyptus</i> Wood under Different Silvicultural Management for Real Options Approach

Price Modeling of <i>Eucalyptus</i> Wood under Different Silvicultural Management for Real Options Approach

Choosing the ideal number of rotations of planted forests under a silvicultural management regime results in uncertainties in the cash flows of forest investment projects. We verified if there is parity in the <i>Eucalyptus</i> wood price modeling through fractional Brownian motion and g...

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Bibliographic Details
Main Authors: Rafaele Almeida Munis, Diego Aparecido Camargo, Richardson Barbosa Gomes da Silva, Miriam Harumi Tsunemi, Siti Nur Iqmal Ibrahim, Danilo Simões
Format: Article
Language:English
Published: MDPI AG 2022-03-01
Series:Forests
Subjects:
biological assets
discrete-time
planted forests
investment decision
managerial flexibility
Online Access:https://www.mdpi.com/1999-4907/13/3/478

Internet

https://www.mdpi.com/1999-4907/13/3/478

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