Land use decisions under uncertainty: Optimal strategies to switch between agriculture and afforestation

Proceedings - 20th International Congress on Modelling and Simulation, MODSIM 2013

Volumn , Issue , 2013, Pages 1419-1425

  Bao, C ^a   Zhu, Z ^a  

^a CSIRO   (Australia)

Author keywords

Afforestation; American option; Bermudian option; Land use; Least squares Monte Carlo; Optimal stopping; Real options

Indexed keywords

CARBON; COSTS; CROPS; DECISION MAKING; ECONOMIC AND SOCIAL EFFECTS; ECONOMICS; ELECTRONIC TRADING; EMISSION CONTROL; MONTE CARLO METHODS; OPERATIONS RESEARCH; REFORESTATION; STOCHASTIC MODELS; STOCHASTIC SYSTEMS;

AFFORESTATION; AMERICAN OPTIONS; BERMUDIAN OPTION; LEAST SQUARES MONTE CARLO; OPTIMAL STOPPING; REAL OPTIONS;

LAND USE;

EID: 84907381181     PISSN: None     EISSN: None     Source Type: Conference Proceeding    
DOI: None     Document Type: Conference Paper

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