On the Choice between the Stocking Rate and Time in Range Management

Posted: 14 Jan 2002

See all articles by Amitrajeet A. Batabyal

Amitrajeet A. Batabyal

Rochester Institute of Technology (RIT) - Department of Economics

Basudeb Biswas

Utah State University - College of Business - Department of Economics

E. Bruce Godfrey

Utah State University - College of Business - Department of Economics

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Abstract

A long standing question in range management concerns the relative importance of the stocking rate versus the length of time during which animals graze a particular rangeland. We address this question by analyzing the problem faced by a private rancher who wishes to minimize the long run expected net unit cost (LRENC) from range operations by choosing either the stocking rate or the length of time during which his animals graze his rangeland. We construct a renewal-theoretic model and show that, in general, this rancher's LRENC with an optimally chosen stocking rate is lower than his LRENC with an optimally chosen grazing cycle length. From a management perspective, this means that correct stocking of the range is more important than the length of time during which animals graze the range. In addition, our research shows how to address questions concerning the desirability of temporal versus non-temporal controls in managing natural resources such as fisheries and hunting grounds.

Keywords: Long Run Expected Net Cost, Range Management, Stocking Rate, Time

JEL Classification: Q24, D81

Suggested Citation

Batabyal, Amitrajeet A. and Biswas, Basudeb and Godfrey, E. Bruce, On the Choice between the Stocking Rate and Time in Range Management. Available at SSRN: https://ssrn.com/abstract=296762

Amitrajeet A. Batabyal (Contact Author)

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

92 Lomb Memorial Drive
Rochester, NY 14623-5604
United States
585-475-2805 (Phone)
585-475-5777 (Fax)

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

Basudeb Biswas

Utah State University - College of Business - Department of Economics ( email )

3530 Old Main Hill
Logan, UT 84322-3530
United States

E. Bruce Godfrey

Utah State University - College of Business - Department of Economics ( email )

3530 Old Main Hill
Logan, UT 84322-3530
United States

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