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Table 3 Optimal cutting years in anticipatory stochastic optima for different risk attitudes

From: Optimizing continuous cover management of boreal forest when timber prices and tree growth are stochastic

No. of the cutting

Young mixed stand

Mature mixed stand

Avoider

Neutral

Seeker

Avoider

Neutral

Seeker

 

Cutting year

     

1st

20

20

20

0

5

10

2nd

35

35

35

15

20

25

3rd

65

65

55

45

50

55

 

Removed volume (m3 · ha−1)

    

1st

142

145

162

77

107

139

2nd

110

107

83

102

130

115

3rd

193

215

127

229

210

243

Total

446

467

372

408

448

497