On the Choice of the Optimal Temporal Control in Renewable Resource Management

This paper addresses the following hitherto unstudied question in renewable resource management: How should a resource manager set the temporal control optimally for renewable resources such as rangelands and fisheries that are managed with spatial and temporal controls? We use a dynamic and stochastic framework to first derive the resource manager's long run average net cost function. We then demonstrate how the temporal control can be chosen to minimize this objective function

MoreLess

Year of publication:	2001
Authors:	Batabyal, Amitrajeet A. ; Beladi, Hamid
Publisher:	[S.l.] : SSRN
Subject:	Theorie \| Theory \| Erneuerbare Ressourcen \| Renewable resources \| Ressourcenökonomik \| Resource economics

Extent:	1 Online-Ressource (16 p)
Type of publication:	Book / Working Paper
Language:	English
Other identifiers:	10.2139/ssrn.293640 [DOI]
Classification:	Q29 - Renewable Resources and Conservation; Environmental Management. Other ; D81 - Criteria for Decision-Making under Risk and Uncertainty
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014122392