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We have two objectives in this special issue. First, we bring together in one place, original research that sheds light on the ways in which the notion of “space” affects the conceptualization of natural resource and environmental problems. Second, given this conceptualization, we show how...
Persistent link: https://www.econbiz.de/10012896820
Ecologists and economists are increasingly in agreement that ecological and economic systems are linked and that these systems ought to be viewed as one system. Perhaps because this recognition has been rather recent, neither ecologists nor economists have analyzed the transient behavior of...
Persistent link: https://www.econbiz.de/10014193881
A number of ecologists and some economists have commented on the significance of persistence as a stability concept for jointly determined ecological-economic systems. This notwithstanding, the economics and the regional science literatures have paid scant attention to the problem of computing...
Persistent link: https://www.econbiz.de/10014105542
Unless there is managerial intervention, the ability of an ecological-economic system to provide humans with key services will decline probabilistically. We model such an ecological-economic system with a Brownian motion process with negative drift. The manager’s goal is to prevent this...
Persistent link: https://www.econbiz.de/10014039090
In this exploratory paper, we first make a case for considering the scarcity value of ecosystem services in analyses of jointly determined ecological-economic systems. Next, we point out that insight into the scarcity value of an ecosystem service can be gained generally by examining the manner...
Persistent link: https://www.econbiz.de/10014108427
For rangelands managed with spatial and temporal controls, [a] the long run expected net cost of management operations, [b] the long run rate at which grazing is moved from one paddock to another, and [c] the long run rate at which grazing has to be moved from one paddock to another because of...
Persistent link: https://www.econbiz.de/10014111828
(2002, 2004) has used a Markov chain theoretic framework to address aspects of this question. Here, we use renewal theory …
Persistent link: https://www.econbiz.de/10014026165