Showing 1 - 10 of 24
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
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 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/10003246066
the availability of rain-index insurance affects the sustainability of rangeland management. We show that a rain … not impairing the sustainability of rangeland management. …
Persistent link: https://www.econbiz.de/10008514735
Resilience as a descriptive concept gives insight into the dynamic properties of a system. Sustainability as a …-economic system and the sustainability criterion, such that a) resilience of the system in a given regime is both necessary and …
Persistent link: https://www.econbiz.de/10010265952
We study optimal fishery management in an age-structured, bio-economic model where two age classes can be harvested independently. We show that the optimal amount of catch differs with age classes, and we derive conditions under which it is optimal to harvest only one age class. Our main policy...
Persistent link: https://www.econbiz.de/10010270138
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/10010273623
We analyze a dynamic and stochastic ecological-economic model of grazingmanagement in semi-arid rangelands. The non-equilibrium ecosystem is driven bystochastic precipitation. A risk averse farmer chooses a grazing management strategyunder uncertainty such as to maximize expected utility from...
Persistent link: https://www.econbiz.de/10005868469
Resilience as a descriptive concept gives insight into the dynamic properties of a system. Sustainability as a …-economic system and the sustainability criterion, such that a) resilience of the system in a given regime is both necessary and …
Persistent link: https://www.econbiz.de/10003921511
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. -- Ecological-economic modeling ; weather-index insurance … ; Namibia ; grazing management ; risk ; sustainability ; weather-based derivatives …
Persistent link: https://www.econbiz.de/10003921518