The papers in this book were 'in a preliminary version' presented at an
international con- ference May 21-25, 2002 in Gilleleje, Denmark. It was
a joint event, namely the biennial meeting of the Scandinavian Society
of Forest Economics and the 3rd Berkeley-KVL Con- ference. The
Scandinavian Society of Forest Economics (SSFE) was established in 1958
as a forum for forest economists in the Nordic countries to meet and
exchange ideas on research and education. Alternating between Denmark,
Finland, Norway and Sweden, biennial ordinary meetings have taken place
ever since. The number of participants has increased from 10-15 in the
first decade to more than 80 in 2002. In the last two decades prominent
researchers from outside Scandinavia have been invited to present papers
at the biennial meetings and also to participate in ad hoc working
groups. The Berkeley-KVL part of the conference is based on a research
collaboration between The Royal Veterinary and Agricultural University
(KVL), Copenhagen, University of Cali- fornia at Berkeley, and Oregon
State University. It was initiated in 1993 within the frame- work of a
research programme at KVL: 'Stochastic Decision Analysis in Forest
Manage- ment' and since 1996 extended to the programme 'Economic
Optimisation of Multiple-Use Forestry and Other Natural Resources'.