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

Posted: 22 Feb 2005

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

Abstract

For rangelands managed with spatial and temporal controls, [a] the long run mean net cost of management operations, [b] the long run rate of moving grazing from one paddock to another, and [c] the long run rate of moving grazing between paddocks because of adverse environmental factors are important criteria for a range manager. In this paper, we provide the first theoretical study of the relationship between these three economic and ecological criteria. We first describe 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=670342

Amitrajeet A. Batabyal (Contact Author)

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

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