Showing 1 - 10 of 33
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
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
-efficiency across generations and sustainability, i.e. non-decreasing utility over time. Our model includes two salient characteristics … of sustainability problems and policy: (i) temporal irreversibility, i.e. the inability to revise one's past actions; (ii … initially unforeseen sustainability problems become apparent and policy is enacted after irreversible actions were taken, policy …
Persistent link: https://www.econbiz.de/10010281770
We develop and formalize a utilitarian notion of responsibility for sustainability which is inspired by Singer's (1972 … welfare maximization, and Brundtland-sustainability. Using a two-generationsresource-model, we find the following …. Sustainability and responsibility for sustainability are equivalent if and only if sustainability is feasible. If it is not, there …
Persistent link: https://www.econbiz.de/10010281771
We empirically study personal norms of sustainability, conceptualized according to the normactivation theory and … operationalized under the notion of strong ecological-economic sustainability, for commercial cattle farmers in semi-arid rangelands … sustainability that are heterogeneous across farmers, but vary little with socio-demographic or environmental characteristics. We …
Persistent link: https://www.econbiz.de/10010286600