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dc.contributor.authorEyvindson, Kyle
dc.contributor.authorKangas, Annika
dc.date.accessioned2017-08-09T05:40:53Z
dc.date.available2019-01-06T22:35:33Z
dc.date.issued2017
dc.identifier.citationEyvindson, K., & Kangas, A. (2017). Comment on “A simple way to incorporate uncertainty and risk into forest harvest scheduling”. <i>Forest Ecology and Management</i>, <i>386</i>, 86-91. <a href="https://doi.org/10.1016/j.foreco.2016.03.038" target="_blank">https://doi.org/10.1016/j.foreco.2016.03.038</a>
dc.identifier.otherCONVID_26444819
dc.identifier.otherTUTKAID_72428
dc.identifier.urihttps://jyx.jyu.fi/handle/123456789/55038
dc.description.abstractIn a recent research article, Robinson et al. (2016) described a method of estimating uncertainty of harvesting outcomes by analyzing the historical yield to the associated prediction for a large number of harvest operations. We agree with this analysis, and consider it a useful tool to integrate estimates of uncertainty into the optimization process. The authors attempt to manage the risk using two different methods, based on deterministic integer linear programming. The first method focused on maximizing the 10th quantile of the distribution of predicted volume subject to area constraint, while the second method focused on minimizing the variation of total quantity of volume harvested subject to a harvest constraint. The authors suggest that minimizing the total variation of the harvest could be a useful tool to manage risk. Managing risks requires trade-offs, however, typically less risk involves higher costs. The authors only superficially stated the costs and did not consider if these costs are reasonable for the management of risk. In this comment, we specifically develop the models used in their article, and demonstrate a method of managing the downside risk by utilizing the Conditional Value at Risk.
dc.language.isoeng
dc.publisherElsevier
dc.relation.ispartofseriesForest Ecology and Management
dc.subject.otherstochastic programming
dc.subject.otherrisk
dc.subject.otherConditional Value at Risk
dc.titleComment on “A simple way to incorporate uncertainty and risk into forest harvest scheduling”
dc.typearticle
dc.identifier.urnURN:NBN:fi:jyu-201708083433
dc.contributor.laitosBio- ja ympäristötieteiden laitosfi
dc.contributor.laitosDepartment of Biological and Environmental Scienceen
dc.type.urihttp://purl.org/eprint/type/JournalItem
dc.date.updated2017-08-08T09:15:06Z
dc.type.coarjournal article
dc.description.reviewstatusnonPeerReviewed
dc.format.pagerange86-91
dc.relation.issn0378-1127
dc.relation.numberinseries0
dc.relation.volume386
dc.type.versionacceptedVersion
dc.rights.copyright© 2016 Elsevier B.V. This is a final draft version of an article whose final and definitive form has been published by Elsevier. Published in this repository with the kind permission of the publisher.
dc.rights.accesslevelopenAccessfi
dc.subject.ysoepävarmuus
jyx.subject.urihttp://www.yso.fi/onto/yso/p1722
dc.relation.doi10.1016/j.foreco.2016.03.038


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