Showing 1 - 10 of 35
Persistent link: https://www.econbiz.de/10012183619
We propose a new three-step model-selection framework for size distributions in empirical data. It generalizes a recent frequentist plausibility-of-fit analysis (Step 1) and combines it with a relative ranking based on the Bayesian Akaike Information Criterion (Step 2). We enhance these...
Persistent link: https://www.econbiz.de/10009712517
Persistent link: https://www.econbiz.de/10011296118
characterization of this system in respect to risk, management and sustainability. …
Persistent link: https://www.econbiz.de/10010294486
We analyze a dynamic and stochastic ecological-economic model of grazing management in semi-arid rangelands. The non-equilibrium ecosystem is driven by stochastic precipitation. A risk averse farmer chooses a grazing management strategy under uncertainty such as to maximize expected utility from...
Persistent link: https://www.econbiz.de/10010304599
We analyze a dynamic and stochastic ecological-economic model of grazing management in semi-arid range lands. The non-equilibrium ecosystem is driven by stochastic precipitation. A risk averse farmer chooses a grazing management strategy under uncertainty such as to maximize expected utility...
Persistent link: https://www.econbiz.de/10011422121
sustainability. To gather this information for an important ecological-economic system, we conducted a survey of commercial cattle …
Persistent link: https://www.econbiz.de/10010265926
While economists have been contributing to the discussion of various aspects of sustainability for decades, it is just … recently that the term sustainability economics was used explicitly in the ecological, environmental, and resource economics … community. Yet, the contributions that use the term sustainability economics do not refer to any explicit definition of the term …
Persistent link: https://www.econbiz.de/10010265935
risk that prevail in (semi-)arid rangelands due to low and highly uncertain rainfall. We present a modeling analysis of how … the availability of rain-index insurance affects the sustainability of rangeland management. We show that a rain …-being while not impairing the sustainability of rangeland management. …
Persistent link: https://www.econbiz.de/10010265945
We study the determinants and interactions of sustainability and risk management with a cross-sectional dataset on … sustainability and risk management within this context, identify their determinants and analyse relevant interactions. Our results … interest groups or governmental support, instead, do not impact on the sustainability of the farm. Risk management itself is …
Persistent link: https://www.econbiz.de/10010420322