Faustmann model aplicability to forest protection
Abstract
Managerial theory; basic support for forest management economy, is also applicable to the rational allocation of scarce inputs in forest protection programs. Forest protection economy is more complex because there is no marketable products, provided forest protection aims to avoid catastrophic events and to reduce damages caused by pests, diseases and other destructive agents. To quantify avoided damages is an elusive goal, but necessary in order to justify protection budgets. We propose the use of economic concepts of actuarial theory on insurance against disaster from the point of view of economic rationality. Using this idea, we try to demonstrate that forest protection decisions can be made from the concept of integrated management of forest resources.Downloads
© CSIC. Manuscripts published in both the printed and online versions of this Journal are the property of Consejo Superior de Investigaciones Científicas, and quoting this source is a requirement for any partial or full reproduction.
All contents of this electronic edition, except where otherwise noted, are distributed under a “Creative Commons Attribution 4.0 International” (CC BY 4.0) License. You may read here the basic information and the legal text of the license. The indication of the CC BY 4.0 License must be expressly stated in this way when necessary.
Self-archiving in repositories, personal webpages or similar, of any version other than the published by the Editor, is not allowed.