Showing 41 - 50 of 57
Resource-based models of species competition have been introduced recently as an alternative to the classical theory … optimal or the natural equilibrium. We also develop an approach for unifying equilibrium price theory with Tilman ecological …
Persistent link: https://www.econbiz.de/10014139900
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
renewal theory can be used to set the quality standard optimally in an intertemporal and stochastic environment …
Persistent link: https://www.econbiz.de/10014147201
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/10014075866
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/10014037494
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
Environmental pollution is introduced both as a joint product and as a source of disutility in growth models. The purpose is to explore vital questions such as: is environmental protection compatible with economic growth; is it possible to have sustained growth in the long run without...
Persistent link: https://www.econbiz.de/10014023909
(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/10014025973