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Ergebnisse zeigen, dass die betriebliche Entscheidung für eine naturschutzfachliche Optimierung abhängig ist von der …
Persistent link: https://www.econbiz.de/10011070486
theory of options in financial markets, which permits a much richer dynamic framework than was possible with the traditional … theory of investment. The authors present the new theory in a clear and systematic way, and consolidate, synthesize, and … extend the various strands of research that have come out of the theory. Their book shows the importance of the theory for …
Persistent link: https://www.econbiz.de/10011115766
probabilities assumed in Knightian decision theory. I argue that some standard uses of classical inference are Knightian in spirit … classical statisticians act unconsciously as Knightian decision makers. If one accepts this argument, then it is of interest to …
Persistent link: https://www.econbiz.de/10005762490
An online agricultural and resource economics text at an intermediate to advanced level.
Persistent link: https://www.econbiz.de/10005558000
The ultimatum game experiment has a long history in experimental economics. In-vivo ultimatum like strategic settings often involve uncertain rejection and payoff reversals. This paper presents the results of an ultimatum like experiment extended to reflect characteristics of a shared...
Persistent link: https://www.econbiz.de/10005408212
It is argued in this paper that static approaches to weed management, where the benefits and costs are only considered within a single season, are inappropriate for assessing the economic benefits of weed control technologies. There are carryover effects from weed management as weeds that escape...
Persistent link: https://www.econbiz.de/10005522149
Many of the analyses undertaken byenvironmental and resource economics areintimately concerned with spatial variations.This article examines the contribution whichGeographical Information Systems (GIS) mayprovide in incorporating the complexities ofthe spatial dimension within such analyses....
Persistent link: https://www.econbiz.de/10005719922
The present paper reviews the literature on the empirical implications of the Hotelling rule and suggests directions for further research in this area. Copyright Kluwer Academic Publishers 1998
Persistent link: https://www.econbiz.de/10005722165
Cross disciplinary dialogue between economics and ecology has within economics centered on the two subdisciplines of bioeconomics and ecological economics. This division in economics re ects the division in ecology between population and sys- tems ecologists. Recent developments in ecology are...
Persistent link: https://www.econbiz.de/10005790288
The paper describes the application of Genetic Algorithms to a Resource Economics problem; the decision about the …
Persistent link: https://www.econbiz.de/10005790936