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Biodiversity prospecting refers to the exploration of the commercial value of genetic and biochemical resources. In this chapter, we study a drug producing pharmaceutical firm (PF) that searches for potentially useful chemicals made by wild organisms in a conservation area. This PF is able to...
Persistent link: https://www.econbiz.de/10011256729
The aim of this paper is to analytically review the contemporary scientific literature in range management. To this end, we first focus on the ecology and the management of rangelands. Second, we concentrate on the economics and the management of rangelands. Third, we shed light on significant...
Persistent link: https://www.econbiz.de/10010696413
Goods for which demand greatly exceeds supply are frequently allocated to citizens using queuing mechanisms. However, violence can occur either when queues are very long or when large numbers of citizens are not provided goods being allocated with queuing mechanisms. Hence, we use the theory of...
Persistent link: https://www.econbiz.de/10010943006
Biodiversity prospecting refers to the exploration of the commercial value of genetic and biochemical resources. In this chapter, we study a drug producing pharmaceutical firm (PF) that searches for potentially useful chemicals made by wild organisms in a conservation area. This PF is able to...
Persistent link: https://www.econbiz.de/10010326306
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/10005167256
The process of environmental regulation is usually a two-step one. In the first step, a standard for environmental quality is set. Then, in the second step, a regulatory mechanism is put in place to achieve the standard. In this paper I show how renewal theory can be used to set the quality...
Persistent link: https://www.econbiz.de/10005077185
Biodiversity prospecting refers to the exploration of the commercial value of genetic and biochemical resources. In this chapter, we study a drug producing pharmaceutical firm (PF) that searches for potentially useful chemicals made by wild organisms in a conservation area. This PF is able to...
Persistent link: https://www.econbiz.de/10011491961
Biodiversity prospecting refers to the exploration of the commercial value of genetic and biochemical resources. In this chapter, we study a drug producing pharmaceutical firm (PF) that searches for potentially useful chemicals made by wild organisms in a conservation area. This PF is able to...
Persistent link: https://www.econbiz.de/10010224811
The uncertain nature of the demand for university parking has now created a major problem for university planners. From a facilities planning perspective, it is important to comprehend the probabilistic nature of the demand for parking and parking rules violations. Given this background, in our...
Persistent link: https://www.econbiz.de/10014199554
In this paper I use the theory of Markov Decision Processes to understand aspects of arranged marriages. I construct a stylized model of arranged marriages and, inter alia, I show that a decision maker's optimal marrying rule depends only on the nature of the current marriage proposal,...
Persistent link: https://www.econbiz.de/10014200032