The evolution of mod& forest resource management is focusing on ecologically-sensitive forest operations. This shift in management strategies is producing a new set of functional requirements for forest operations. Systems to implement ecosystem management prescriptionsmay need to be economically viable over a wider range of piece sizes, for example. Increasing demands for more efficient fiber ...

Procedures to divide a cake among n people with n-1 cuts (the minimum number) are analyzed and compared. For 2 persons, cut-and-choose, while envy-free and efficient, limits the cutter to exactly 50% if he or she is ignorant of the chooser’s preferences, whereas the chooser can generally obtain more. By comparison, a new 2person surplus procedure (SP’), which induces the players to be truthful ...

We derive bounds on the ratios of deadweight loss and consumer surplus to producer surplus under Cournot competition. To do so, we introduce a parameterization of the degree of curvature of market demand using the parallel concepts of ρ-concavity and ρ-convexity. The ”more concave” is demand, the larger the share of producer surplus in overall surplus, the smaller is consumer surplus relative t...

In this paper I study the possibility of full surplus extraction on arbitrary type spaces, with three main results: (i) I characterize full surplus extraction, (ii) I characterize full surplus extraction assuming that the surplus-extracting allocation is implementable, and (iii) I show that virtually full surplus extraction implies full surplus extraction. The characterizing condition in (ii) a...