Batabyal, Amitrajeet; Biswas, Basudeb; Godfrey, E. - In: Environmental & Resource Economics 20 (2001) 3, pp. 211-223
A long standing question in range management concerns the relative importance of the stocking rate versus the length oftime during which animals graze a particular rangeland. Weaddress this question by analyzing the problem faced by a privaterancher who wishes to minimize the long run expected...