Studying the sustainable use of ecosystem services under uncertainty requires the consideration of the stochastic dynamics of the system under study, risk and time preferences, risk management strategies and normative views pertaining to sustainability. To gather this information for an...

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...

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...

We analyze a dynamic and stochastic ecological-economic model of grazing management in semi-arid rangelands. The ecosystem is driven by stochastic precipitation. A risk averse farmer chooses a grazing management strategy under uncertainty such as to maximize expected utility from farming income....

Agriculture uses more land and water than any other human activity, and our consumption demands continue to grow even as our resource base shrinks. A highly industrialized U.S. food system produces lots of food at seemingly low per unit cost. But our current system is taking a heavy toll on...

This paper reviews the impacts and costs of pesticide and fertiliser pollution as well as the policy responses to counter these in selected OECD countries. More specifically, the paper begins with an overview of the main biodiversity and health impacts of excess pesticide and fertiliser. In...

To promote biodiversity, a diverse landscape is necessary. Structural change in agriculture and increasing cost pressure have led to the trend of fewer farms and larger farming units with less diversity. Reversing this trend is a societal task that requires a willingness to make sacrifices. For...

Studying the sustainable use of ecosystem services under uncertainty requires the consideration of the stochastic dynamics of the system under study, risk and time preferences, risk management strategies and normative views pertaining to sustainability. To gather this information for an...

We develop a general and unifying methodology for ecological economics which integrates philosophical considerations on the foundations of ecological economics with an adequate operationalization. We argue that the subject matter and aims of ecological economics require a specific combination of...

The issue of ecosystem services is a relatively new concept in economic theory. This is the concept considered problematic, due to the difficulty of defining the benefits provided to people by ecosystems and their measurement and valuation. Some of these services are strongly associated with...