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The environment provides ecosystem services that support human wants. Economic growth is important for raising human living standards. But whether economic growth benefits the environment is unclear. Research into this relationship has focused on a U-shaped association known as the Environmental...
Persistent link: https://www.econbiz.de/10009018844
Optimal harvests using individual licenses are determined given that a licensee's probabilities of procuring a license and harvesting successfully are less than one. Probabilities are dependent on the resource stock and the number of licenses, and licensees benefit from the harvesting experience...
Persistent link: https://www.econbiz.de/10009390686
Across western North America, invasive plant species and elevated levels of nitrogen are threatening the productivity of rangelands. A bioeconomic model of stocking cattle on these rangelands is used to show that optimal stocking depends on the competition between native grasses and the...
Persistent link: https://www.econbiz.de/10009394067
Linked general equilibrium economic and ecological models are connected through agricultural runoff and the fisheries. They are applied to a North Carolina estuary in which agricultural runoff alters phytoplankton densities and the resulting hypoxia leads to diminished fisheries. The effects of...
Persistent link: https://www.econbiz.de/10009321204
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"(Ecologists) recommendations, when problems arise, tend to favor the preservation of nature, or to favor management programs that optimize only the biological side of the problem. It is not surprising that man, in self-interest, has usually chosen instead the recommendations of the economist or...
Persistent link: https://www.econbiz.de/10010696398
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Scientific evidence suggests that economic activity is threatening global biodiversity in ways that could severely degrade nature's flow of ecosystem services. Yet, there is relatively little work in economics that addresses biodiversity loss. Some economists have called for better integration...
Persistent link: https://www.econbiz.de/10010614170
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An integrated economic/ecological model is built to address tradeoffs between biodiversity conservation and two marketable rangeland ecosystem services: cattle grazing and elk hunting. The ecology is represented by an eleven species food web in which individual optimizing plants and animals...
Persistent link: https://www.econbiz.de/10010681872