Restoring Wetlands Through Wetlands Mitigation Banks

• 1 January 1998
• journal article
• Published by Springer Nature in Environmental and Resource Economics
• Vol. 12  (3) , 323-344
• https://doi.org/10.1023/a:1008225021746

Abstract

Keywords

• WETLANDS MITIGATION BANKS
• STOCHASTIC CONTROL
• OPTION VALUE
• NUMERICAL SIMULATION
• OPTIMAL STOPPING
• SENSITIVITY ANALYSIS
• INTEREST RATE
• STOCHASTIC OPTIMAL CONTROL
• MARKET VALUE