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The population dynamics in a food chains are derived from a sequence of short- run equilibria of an ecosystem where predator species demand prey biomass, supply own biomass to their predators and are assumed to behave as if they maximize net biomass intake. Introducing prices as scarcity...
Persistent link: https://www.econbiz.de/10004985571
We decompose the generalized Lorenz order into a size and a distribution component. The former is represented by stochastic dominance, the latter by the standard Lorenz order. We show that it is always possible, given generalized Lorenz dominance between two distributions F and G, to find...
Persistent link: https://www.econbiz.de/10005766062