Wild animals can represent both value and nuisance. We consider the moose (Alces alces), which due to seasonal migration causes browsing damage in some areas while creating hunting value in other areas. We first explore a situation when harvesting, following today’s practice in Norway, only...

This paper analyzes coalition formation in a livestock-pasture system where livestock are privately owned and the pasture is a common property. While standard models predict rather low prospects of cooperation, this paper introduces a cost advantage of cooperation based on Saami reindeer herding...

The theory of livestock as a buffer stock predicts that agropastoralists facing substantial risks typically will use liquid assets, such as livestock, for self-insurance to smooth consumption. This paper examines this hypothesis for reindeer herders in Norway where the herders, in contrast to...

Wild animals can represent both value and nuisance. We consider the moose (Alces alces), which due to seasonal migration causes browsing damage in some areas, while creating hunting value in other areas. We first explore a situation when harvesting, following today’s practice in Norway, only...

A model analyzing the economics of sheep farming is formulated. The basic idea is simple. Sheep are capital and they are held by farmers as long as their capital value exceeds their slaughter, or meat, value. Farmers are therefore portfolio managers aiming to find the optimal combination of...

This paper discusses and contrasts two mainroles of forestry in light of the debate on theglobal climate. As the main problem is relatedto the increases of the CO<Subscript>2</Subscript>-concentrationin the atmosphere, forests may be viewed aspart of the alleviation of the problem throughtheir function as (i) a source...</subscript>

This study develops a model for wildlifemigrating seasonally between a conservationarea and a neighbouring area. When beingoutside the conservation area, harvesting takesplace by a group of small-scale farmers. Thelocal people have two motives for harvesting;to get rid of ``problem'' animals as...