Rangeland Management Using Cell Grazing: A Dynamic and Stochastic Analysis of the Optimal Temporal Control
Letters in Spatial and Resource Sciences, Vol. 1, No. 1, pp. 37-43, 2008
Posted: 21 Aug 2008
Date Written: August 18, 2008
We analyze the temporal control choice problem faced by a manager who uses cell grazing to manage a parcel of rangeland. Specifically, we first delineate the relevant dynamic and stochastic features of a stylized parcel of rangeland. Next, we use a renewal theoretic framework to derive the manager's long run expected net cost (LRENC) of management operations per unit time. Finally, we demonstrate that the optimal temporal control is the solution to the manager's LRENC minimization problem.
Keywords: Cell Grazing, Rangeland Management, Renewal Theory, Temporal Control
JEL Classification: Q24, D81
Suggested Citation: Suggested Citation