Issues germane to the provision of guided tours for tourists wishing to visit a particular location during the slack season have received scant theoretical attention in the tourism literature. Therefore, we conduct a stochastic analysis of guided tours for tourists during the slack season. We...

Resources such as orchards are vulnerable to the detrimental effects of successful invasions by alien animal or plant species. To outline an appropriate policy response, we first use renewal theory to construct a stochastic model of optimal orchard management in the presence of a deleterious...

Resources such as orchards are vulnerable to the detrimental effects of successful invasions by alien animal or plant species. To outline an appropriate policy response, we first use renewal theory to construct a stochastic model of optimal orchard management in the presence of a deleterious...

This book is a collection of Amitrajeet A Batabyal's most important papers on the environment and economic development. It begins with a comprehensive and previously unpublished introductory chapter, followed by 12 chapters on different problems such as land use for agricultural purposes,...

Key Features:Demonstrates how theoretical approaches - particularly dynamic and stochastic approaches - can yield insights into the resource and environmental problems of developing nationsAnalyzes the desirability of certain common resource use practices from an integrated ecological-economic...

Recently, Batabyal and Yoo (2007) have proposed a new probabilistic approach to orchard management. In this approach, a manager minimizes an economic criterion function, namely, the long run expected net cost of orchard management subject to an ecological constraint which says that the...

Recently, Batabyal and Yoo (2007) have proposed a new probabilistic approach to orchard management. In this approach, a manager minimizes an economic criterion function, namely, the long run expected net cost of orchard management subject to an ecological constraint which says that the...