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Natural Resource Economics Lab
Research
Max Pressler Memorial in Tharandt.
He developed the indicator per cent to determine the optimal harvest age.
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Ongoing Research
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Efficiency of ecosystem service trade-offs.
Public preferences for forest based ecosystem services
in the southeastern US.
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Optimal timing of prescribed burning in southern forests.
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Markov decision process and natural disturbances.
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Adaptive forest management and stochastic timber prices.
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Attitudes towards forest management watersheds in Patagonia.
Scholarly pages
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Martin Faustmann's office (right) in Babenhausen where he developed the famous land expectation value formula.
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Courses
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