Details zur Publikation

Kategorie Textpublikation
Referenztyp Zeitschriften
DOI 10.1016/j.ecolecon.2006.03.028
Volltext Autorenversion
Titel (primär) Uncertainty and sustainability in the management of rangelands
Autor Quaas, M.; Baumgärtner, S.; Becker, C.; Frank, K. ORCID logo ; Müller, B. ORCID logo
Quelle Ecological Economics
Erscheinungsjahr 2007
Department OESA
Band/Volume 62
Heft 2
Seite von 251
Seite bis 266
Sprache englisch
Keywords ecological-economic model; semi-arid rangeland; grazing management; risk aversion; uncertainty; sustainability
Abstract We analyze a dynamic and stochastic ecological-economic model of grazing management in semi-arid rangelands. The ecosystem is driven by stochastic precipitation. A risk averse farmer chooses a grazing management strategy under uncertainty such as to maximize expected utility from farming income. Grazing management strategies are rules about which share of the rangeland is given rest depending on the actual rainfall in that year. In a first step we determine a myopic farmer's optimal grazing management strategy and show that a risk averse farmer chooses a strategy such as to obtain insurance from the ecosystem: the optimal strategy reduces income variability, but yields less mean income than possible. In a second step we analyze the long-run ecological and economic impact of different strategies. We conclude that a myopic farmer, if he is sufficiently risk averse, will choose a sustainable grazing management strategy, even if he does not take into account long-term ecological and economic benefits of conservative strategies.
dauerhafte UFZ-Verlinkung https://www.ufz.de/index.php?en=20939&ufzPublicationIdentifier=2178
Quaas, M., Baumgärtner, S., Becker, C., Frank, K., Müller, B. (2007):
Uncertainty and sustainability in the management of rangelands
Ecol. Econ. 62 (2), 251 - 266 10.1016/j.ecolecon.2006.03.028