A Theoretical Perspective on Managed Rangelands and Irreversible States

16 Pages Posted: 18 Jan 2004

See all articles by Shawn M. Rohlin

Shawn M. Rohlin

Rochester Institute of Technology (RIT) - Department of Economics

Amitrajeet A. Batabyal

Rochester Institute of Technology

Multiple version iconThere are 2 versions of this paper

Date Written: January 2004

Abstract

In spite of a manager's best attempts, a managed rangeland may hit an irreversible state in which it provides neither consumptive nor non-consumptive services to humans. Therefore, given a particular time based management regime, it is useful to know how long it takes for a rangeland to hit the irreversible state. The purpose of this paper is to conduct a theoretical analysis of this and related questions. In particular, we first provide a stochastic characterization of a time based range management regime. Second, we ascertain the expected amount of time it takes for our managed rangeland to hit the irreversible state. Third, we discuss the properties of the above mathematical expectation. Finally, we pose and discuss a simple optimization problem for our range manager.

Keywords: Irreversible State, Markov Chain, Range Management, Uncertainty

JEL Classification: D81, Q20, Q24

Suggested Citation

Rohlin, Shawn M. and Batabyal, Amitrajeet A., A Theoretical Perspective on Managed Rangelands and Irreversible States (January 2004). Available at SSRN: https://ssrn.com/abstract=487502 or http://dx.doi.org/10.2139/ssrn.487502

Shawn M. Rohlin

Rochester Institute of Technology (RIT) - Department of Economics ( email )

92 Lomb Memorial Drive
Rochester, NY 14623-5604
United States

Amitrajeet A. Batabyal (Contact Author)

Rochester Institute of Technology ( email )

Department of Economics, RIT
92 Lomb Memorial Drive
Rochester, NY NEW YORK 14623-5604
United States
5853134063 (Phone)
5854755777 (Fax)

HOME PAGE: http://people.rit.edu/aabgsh

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