Rangeland Management Under Uncertainty: A Conceptual Approach

Journal of Range Management, Vol. 55, No. 1, pp. 12-15, 2002

Posted: 22 Jan 2002

See all articles by Amitrajeet A. Batabyal

Amitrajeet A. Batabyal

Rochester Institute of Technology (RIT) - Department of Economics

E. Bruce Godfrey

Utah State University - College of Business - Department of Economics

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Abstract

A conceptual approach is commonly needed to provide guidance for empirical analyses concerning the use of renewable resources such as rangelands. The theoretical model constructed in this paper captures the essential aspects of dynamic and stochastic issues associated with the management of rangelands. We use our approach to discuss the connections between this paper's model and range policy. In particular, we point out scenarios in which there is limited or no role for policy. This is compared to scenarios when policy has a significant role to play in ensuring the sustainable use of rangelands. Finally, we suggest two ways in which our approach might be extended and used in an empirical application.

Note: This is a description of the paper and is not the actual abstract.

Keywords: dynamic, policy, rangeland, stochastic

JEL Classification: Q20, D82

Suggested Citation

Batabyal, Amitrajeet A. and Godfrey, E. Bruce, Rangeland Management Under Uncertainty: A Conceptual Approach. Journal of Range Management, Vol. 55, No. 1, pp. 12-15, 2002, Available at SSRN: https://ssrn.com/abstract=297927

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

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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