On the Links between Managerial Actions, Keystone Species, and the Resilience of Ecological-Economic Systems

14 Pages Posted: 8 Oct 2003

See all articles by Amitrajeet A. Batabyal

Amitrajeet A. Batabyal

Rochester Institute of Technology (RIT) - Department of Economics

Multiple version iconThere are 2 versions of this paper

Date Written: 2003

Abstract

Managerial actions influence the survival probabilities of the keystone species of an ecological-economic system. In turn, the well-being of these keystone species translates into the well-being or the resilience of the underlying ecological-economic system. What are the theoretical links between managerial actions, keystone species, and the resilience of ecological-economic systems? Recently, Batabyal (2002) has addressed aspects of this question. In this paper, we extend the analysis in Batabyal (2002). First, we use a stochastic model to delineate a stylized ecological-economic system. Next, we discuss the links between managerial actions, keystone species, and this ecological-economic system's resilience. Finally, we show how the model can be used to actually compute the resilience of our ecological-economic system.

Keywords: Ecological-Economic System, Keystone Species, Markov Chain, Resilience, Uncertainty

JEL Classification: Q20, D80, D81

Suggested Citation

Batabyal, Amitrajeet A., On the Links between Managerial Actions, Keystone Species, and the Resilience of Ecological-Economic Systems (2003). Available at SSRN: https://ssrn.com/abstract=449601 or http://dx.doi.org/10.2139/ssrn.449601

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

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
75
Abstract Views
867
rank
383,282
PlumX Metrics