Some Theoretical Aspects of Short Duration Grazing
18 Pages Posted: 13 Jan 2002
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Some Theoretical Aspects of Short Duration Grazing
Some Theoretical Aspects of Short Duration Grazing
Abstract
This paper addresses the following hitherto unstudied question in rangeland management: How should a range manager - who is interested in the ecological and the economic aspects of management - set the temporal control optimally for rangelands that are managed with short duration grazing? We use a dynamic and stochastic framework to first derive the range manager's long run average net cost function. We then show that the optimal temporal control minimizes this objective function.
Keywords: Ecological Economics, Range Management, Temporal Control, Uncertainty
JEL Classification: Q20, D81
Suggested Citation: Suggested Citation
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