Optimal Stopping in Economics #3: The Tree Cutting Problem with Replanting @EconJohnTutor
Optimal Stopping in Economics #3: The Tree Cutting Problem with Replanting @EconJohnTutor
Uploaded October 2021 | Updated September 2026, 3 weeks ago
In this video I demonstrate existence of a solution to Victor Matheson's 2009 problem of tree cutting with replanting.

Matheson, Victor. "Alternative methods of calculating optimal timber rotations: a critique of the Stokey/Lucas/Prescott tree-cutting problem." Applied Economics Letters 16.10 (2009): 1079-1081.
tandfonline.com/doi/abs/10.1080/13504850701335376
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Optimal Stopping in Economics #3: The Tree Cutting Problem with Replanting

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