Journal article
The value of information for woodland management: updating a state-transition model
William K Morris, Michael C Runge, Peter A Vesk
ECOSPHERE | WILEY | Published : 2017
DOI: 10.1002/ecs2.1998
Abstract
Value of information (VOI) analyses reveal the expected benefit of reducing uncertainty to a decision maker. Most ecological VOI analyses have focused on population models rarely addressing more complex community models. We performed a VOI analysis for a complex state–transition model of Box-Ironbark Forest and Woodland management. With three management alternatives (limited harvest/ firewood removal (HF), ecological thinning (ET), and no management), managing the system optimally (for 150 yr) with the original information would, on average, increase the amount of forest in a desirable state from 19% to 35% (a 16-percentage point increase). Resolving all uncertainty would, on average, increa..
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Awarded by Australian Research Council through the Centre of Excellence in Environmental Decisions and Linkage Project
Funding Acknowledgements
We acknowledge Christina Czembor for conducting the initial research upon which these analyses are based. We also thank Patrick Piggot and Parks Victoria for their assistance. This work was supported by the Australian Research Council through the Centre of Excellence in Environmental Decisions and Linkage Project LP110100321 and the Victorian Department of Sustainability and Environment. We thank four anonymous reviewers for their helpful comments on earlier versions of this work. Any use of trade, product, or firm names is for descriptive purposes only and does not imply endorsement by the U.S. Government.