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Are we discounting our nation's forests

Journal Article · · Am. For.; (United States)
OSTI ID:6757369
A lay explanation of economic discounting applied to public forest management, this article describes how discounting policies can encourage short-term exploitation of resources and understating future benefits. The author proposes a ''time-dependent'' rate that declines over time to encourage managers to select the most economical harvesting and seedling selection programs. 1 figure.
Research Organization:
Forest Service, State and Private Forestry, Atlanta, GA
OSTI ID:
6757369
Journal Information:
Am. For.; (United States), Journal Name: Am. For.; (United States) Vol. 89:3; ISSN AMFOA
Country of Publication:
United States
Language:
English