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Planning under risk and uncertainty

optimizing spatial forest management strategies

Forsell, Nicklas (2009). Planning under risk and uncertainty. Diss. (sammanfattning/summary) Umeå : Sveriges lantbruksuniv., Acta Universitatis agriculturae Sueciae, 1652-6880 ; 2009:39
ISBN 978-91-86195-86-1
[Doctoral thesis]

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Abstract

This thesis concentrates on the optimization of large-scale management policies under conditions of risk and uncertainty. In paper I, we address the problem of solving large-scale spatial and temporal natural resource management problems. To model these types of problems, the framework of graph-based Markov decision processes (GMDPs) can be used. Two algorithms for computation of high-quality management policies are presented: the first is based on approximate linear programming (ALP) and the second is based on mean-field approximation and approximate policy iteration (MF-API). The applicability and efficiency of the algorithms were demonstrated by their ability to compute near-optimal management policies for two large-scale management problems. It was concluded that the two algorithms compute policies of similar quality. However, the MF-API algorithm should be used when both the policy and the expected value of the computed policy are required, while the ALP algorithm may be preferred when only the policy is required. In paper II, a number of reinforcement learning algorithms are presented that can be used to compute management policies for GMDPs when the transition function can only be simulated because its explicit formulation is unknown. Studies of the efficiency of the algorithms for three management problems led us to conclude that some of these algorithms were able to compute near-optimal management policies. In paper III, we used the GMDP framework to optimize long-term forestry management policies under stochastic wind-damage events. The model was demonstrated by a case study of an estate consisting of 1,200 ha of forest land, divided into 623 stands. We concluded that managing the estate according to the risk of wind damage increased the expected net present value (NPV) of the whole estate only slightly, less than 2%, under different wind-risk assumptions. Most of the stands were managed in the same manner as when the risk of wind damage was not considered. However, the analysis rests on properties of the model that need to be refined before definite conclusions can be drawn.

Authors/Creators:Forsell, Nicklas
Title:Planning under risk and uncertainty
Subtitle:optimizing spatial forest management strategies
Year of publishing :2009
Volume:2009:39
Number of Pages:59
Papers/manuscripts:
NumberReferences
ALLI. Forsell, N., Peyrard, N., Sabbadin, R. A framework and algorithms for the local control of spatial processes (manuscript). II. Forsell, N., Garcia, F., Sabbadin, R. Q-learning for graph-based Markov decision processes (manuscript). III. Forsell, N., Wikström, P., Garcia, F., Sabbadin, R., Blennow, K., Eriksson, L.O. Management of the risk of wind damage in forestry: a graph-based Markov decision process approach. Annals of Operations Research, Published online 05 February 2009.
Place of Publication:Umeå
ISBN for printed version:978-91-86195-86-1
ISSN:1652-6880
Language:English
Publication Type:Doctoral thesis
Full Text Status:Public
Agrovoc terms:forest management, planning, risk, statistical methods, optimization methods
Keywords:Forest management, planning under risk and uncertainty, spatial processes, factored markov decision processes, collaborative multiagent markov decision processes, graphical models, optimization, reinforcement learning.
URN:NBN:urn:nbn:se:slu:epsilon-2883
Permanent URL:
http://urn.kb.se/resolve?urn=urn:nbn:se:slu:epsilon-2883
ID Code:2018
Department:(S) > Dept. of Forest Resource Management
(NL, NJ) > Dept. of Forest Resource Management
Deposited By: Nicklas Forsell
Deposited On:20 May 2009 00:00
Metadata Last Modified:02 Dec 2014 10:15

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