To increase our understanding of the timber harvesting behavior of family forest owners, I developed theoretical and empirical timber harvesting models for family forest owners in the southeastern United States. An individual-choice model was the basis for the models. Family forest owners were modeled as utility-maximizers who made harvesting decisions...
Policy makers in the United States (US), following recommendations made by the international scientific community, have drafted national emissions reduction legislation in hopes of minimizing the harmful effects of global climate change. Included in this legislation is a national cap-and-trade system with provisions for carbon offsets. Specific provisions for forest...