1. Shan Chen and Margaret Insley, Regime switching in stochastic models of commodity prices: An application to an optimal tree harvesting problem, Journal of Economic Dynamics and Control, 36(2), 201-219, February 2012.2. M. Insley and T. Wirjanto, Contrasting two approaches in real options valuation: contingent claims versus dynamic programming, Journal of Forest Economics, 16(2), 157-176, April 2010.
3. M. Insley and M. Lei, Hedges and trees: Incorporating fire risk into optimal decisions in forestry using a no-arbitrage approach, Journal of Agricultural and Resource Economics,32(3), 492-514, December 2007.
4. M. Insley and K. Rollins, On solving the multi-rotational timber harvesting problem with stochastic prices: a linear complementarity formulation, American Journal of Agricultural Economics 87(3), 735-755,2005.
5. M. Insley, On the option to invest in pollution control under a regime of tradable emissions allowances, Canadian Journal of Economics, Vol. 35, No. 4, 860-883, November 2003.
6. M. Insley, A Real Options Approach to the Valuation of a Forestry Investment, Journal of Environmental Economics and Management, Vol. 44, 471-492, 2002.
7. M. Forsyth*, On the Option Value of Preserving a Wilderness Area, Canadian Journal of Economics, Vol. 33, No.2, 413-434, May 2000.
8. M. Forsyth*, The Economics of Site Investigation for Groundwater Protection: Sequential Decision-Making under Uncertainty, Journal of Environmental Economics and Management, Vol. 34, No. 1, pages 1-31, Sept. 1997.
*Note: Name change from Forsyth to Insley in July 2000.
Office: HH 216, x38918
Shan Chen, Margaret Insley, and Tony Wirjanto The impact of stochastic convenience yield on long term forestry investment decisions January 2011.
Shi Lei Niu and Margaret Insley On the economics of ramping rate restrictions at hydro power plants: Balancing profitability and environmental costs December 2010.
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