Table of Contents

I Resources.- The economics of transformation from even-aged to uneven-aged forestry.- Re-examining the theories supporting the so-called Faustmann formula.- The Volvo Theorem: From myth tobehavior model.- Adaptive spatial harvest planning under risk of windthrow.- An econometric analysis of differences instumpage values using micro-levelharvesting data.- Afforestation as a real option: Choosing among options.- The value of urban afforestation:A hedonic pricing case.- Comparison of multi-criteria optimisation techniques for selection of conservationareas.- DEA based yardstick competition innatural resource management.- II Industry.- A multi-output restricted profit function for Norwegian sawmilling.- The use of sawnwood withinthe end-use and producer sectorsin former West Germany.- Backward vertical integration in the Swedish forest sector — six case studies.- III Markets.- The impact of government investmentassistance on forest investment and timber supply.- Preservation and employment.- Issues and prospects in global forest sector modeling.- Inventory and price movements ofconiferous sawnwood in Europe.- Quality dimensions of wood products -perceptions of German organisationalcustomers.- Analysis of tradein non-timber forest products.- List of Authors.