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; Namibia ; grazing management ; risk ; sustainability ; weather-based derivatives …
Persistent link: https://www.econbiz.de/10003921518
We study the role of bush encroachment control for a farmer's income and income risk in a stochastic ecological-economic model of grazing management in semi-arid rangelands. In particular, we study debushing as an instrument of risk management that complements the choice of an adaptive grazing...
Persistent link: https://www.econbiz.de/10008760545