Necessary and Sufficient Conditions for the Equivalence of Economic and Ecological Criteria in Range Management

27 Pages Posted: 15 Aug 2002

See all articles by Amitrajeet A. Batabyal

Amitrajeet A. Batabyal

Rochester Institute of Technology (RIT) - Department of Economics

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Abstract

For rangelands managed with spatial and temporal controls, [a] the long run expected net cost of management operations, [b] the long run rate at which grazing is moved from one paddock to another, and [c] the long run rate at which grazing has to be moved from one paddock to another because of adverse environmental factors, are salient criteria for a range manager. In this paper, we provide the first theoretical analysis of the relationship between these three economic and ecological criteria. We first characterize these criteria mathematically. Then, we provide necessary and sufficient conditions under which criterion [a] (economic criterion) is equivalent to, in turn, criterion [b] (first ecological criterion) and criterion [c] (second ecological criterion).

Keywords: Ecological-Economic System, Equivalence, Management Criteria, Rangeland, Uncertainty

JEL Classification: Q20, Q24, D81

Suggested Citation

Batabyal, Amitrajeet A., Necessary and Sufficient Conditions for the Equivalence of Economic and Ecological Criteria in Range Management. Available at SSRN: https://ssrn.com/abstract=324080 or http://dx.doi.org/10.2139/ssrn.324080

Amitrajeet A. Batabyal (Contact Author)

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

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