Faustmann's formula
id:
faustmann-s-formula-237-11729107
title:
Faustmann's formula
text:
Faustmann's formula, or the Faustmann model, gives the present value of the income stream for forest rotation. It was derived by the German forester Martin Faustmann in 1849. The rotation problem, deciding when to cut down the forest, means solving the problem of maximising Faustmann's formula and this was solved by Bertil Ohlin in 1921 to become the Faustmann-Ohlin theorem, although other German foresters were aware of the correct solution in 1860. The Faustmann formula is as follows: From this
brand slug:
wiki
category slug:
encyclopedia
description:
Forestry equation
original url:
https://en.wikipedia.org/wiki/Faustmann%27s_formula
date created:
date modified:
2024-01-15T03:47:13Z
main entity:
{"identifier":"Q5438320","url":"https://www.wikidata.org/entity/Q5438320"}
image:
fields total:
13
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14