It ’ s the Network : How Personal Connections Shape Decisions about Private Forest Use

Abstract

arise according to agency theory due to asymmetric information (e.g., experts knowing much more about markets and prices than landowners who do not often sell timber) and/or misaligned objectives (e.g., loggers and foresters wanting to generate timber revenue, but landowners more interested in wildlife habitat or recreation; Eisenhardt 1989). Consequently… (More)

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