Ecosel - transactions

The primary function of ECOSEL is to facilitate transactions by providing as much information about the resource tradeoffs and production possibilities as possible for both the forest landowner and the investor. The more tangible information the potential buyers have about the production alternatives and their costs, the more likely it is that they make a financial commitment. A key feature of this method is that the management plans, associated with each efficient production alternative, can be used by the potential buyers as a monitoring device to ensure that the purchased goods are produced in due course. If a departure from plan is needed due to unexpected factors such as fire or insect damage, the optimization model, which should be rerun periodically, will identify the best course of action to stay on track. The landowners could also use this tool to see what needs to be done on the ground and when to produce various amounts of ecosystem services. ECOSEL will not guarantee transactions but it will make transactions more likely to occur.

References:

Klemperer, W. David 1996. Forest Resource Economics and Finance. McGraw-Hill. United States 551p.

Tóth, Sándor F., M.E. McDill, and S. Rebain 2006. Finding the efficient frontier of a bi-criteria, spatially-explicit harvest scheduling problem, Forest Science 52(1): 93-107.

Tóth, Sándor F. and Marc E. McDill 2008. Promoting Large, Compact Mature Forest Patches in Harvest Scheduling Models. Environmental Modeling and Assessment 13(1): 1-15.

Tóth, Sándor F. and Marc E. McDill: Finding Efficient Harvest Schedules under Three Conflicting Objectives (In Review)

Tóth, Sándor F. 2008: Using Spatial Tradeoffs to Build Consensus and to Value Non-Market Services in Forest Management. Proceedings of FORMATH 2008: p.79-94, Kobe, Japan.

Precision Forestry Cooperative ECOSEL - A Forest Ecosystem Services Marketing Tool Sándor F. Tóth

Introduction Eco-services planning Marketing options Transactions	Transactions The primary function of ECOSEL is to facilitate transactions by providing as much information about the resource tradeoffs and production possibilities as possible for both the forest landowner and the investor. The more tangible information the potential buyers have about the production alternatives and their costs, the more likely it is that they make a financial commitment. A key feature of this method is that the management plans, associated with each efficient production alternative, can be used by the potential buyers as a monitoring device to ensure that the purchased goods are produced in due course. If a departure from plan is needed due to unexpected factors such as fire or insect damage, the optimization model, which should be rerun periodically, will identify the best course of action to stay on track. The landowners could also use this tool to see what needs to be done on the ground and when to produce various amounts of ecosystem services. ECOSEL will not guarantee transactions but it will make transactions more likely to occur. References: Klemperer, W. David 1996. Forest Resource Economics and Finance. McGraw-Hill. United States 551p. Tóth, Sándor F., M.E. McDill, and S. Rebain 2006. Finding the efficient frontier of a bi-criteria, spatially-explicit harvest scheduling problem, Forest Science 52(1): 93-107. Tóth, Sándor F. and Marc E. McDill 2008. Promoting Large, Compact Mature Forest Patches in Harvest Scheduling Models. Environmental Modeling and Assessment 13(1): 1-15. Tóth, Sándor F. and Marc E. McDill: Finding Efficient Harvest Schedules under Three Conflicting Objectives (In Review) Tóth, Sándor F. 2008: Using Spatial Tradeoffs to Build Consensus and to Value Non-Market Services in Forest Management. Proceedings of FORMATH 2008: p.79-94, Kobe, Japan. Previous: Marketing options	Links: Sándor F. Tóth home Precision Forestry Cooperative College of Forest Resources University of Washington
Send mail to: toths@u.washington.edu Last modified: 2/25/2008 12:54 PM