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 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...

Die Ressource Fläche ist weltweit begrenzt. Ein nachhaltiges Landmanagement ist, nicht nur vor dem Hintergrund des Klimawandels, erforderlich, um den verschiedenen Interessen an der Fläche gerecht zu werden. Bestehende Funktionen auf der Fläche, beispielsweise die Produktion von...

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...

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...

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...

This study is a part of the research project on “Eco-management in agriculture” funded by the Agricultural Academy with period of implementation 2013-2014. This report summarizes the results of the first year and includes: - state of the studies in the area; - theoretical and methodological...