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dc.contributor.authorLukomska, Nataliaen_US
dc.contributor.authorQuaas, Martin F.en_US
dc.contributor.authorBaumgärtner, Stefanen_US
dc.date.accessioned2010-12-27en_US
dc.date.accessioned2012-04-17T12:54:40Z-
dc.date.available2012-04-17T12:54:40Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/57147-
dc.description.abstractWe study the role of bush encroachment control for a farmer's income and income risk in a stochastic ecological-economic model of grazing management in semiarid rangelands. In particular, we study debushing as an instrument of risk management that complements the choice of an adaptive grazing management strategy for that sake. We show that debushing, while being a good practice for increasing the mean pasture productivity and thus expected income, also increases the farmer's income risk. The optimal extent of debushing for a risk-averse farmer is thus determined from balancing the positive and negative consequences of debushing on intertemporal and stochastic farm income.en_US
dc.language.isoengen_US
dc.publisherUniv., Inst. für Volkswirtschaftslehre Lüneburgen_US
dc.relation.ispartofseriesUniversity of Lüneburg Working Paper Series in Economics 191en_US
dc.subject.jelQ57en_US
dc.subject.jelQ15en_US
dc.subject.ddc330en_US
dc.subject.keywordbush encroachmenten_US
dc.subject.keywordexpected utilityen_US
dc.subject.keywordfarm incomeen_US
dc.subject.keywordintertemporal optimizationen_US
dc.subject.keywordrisk aversionen_US
dc.subject.keywordrisk managementen_US
dc.subject.keywordsemi-arid rangelanden_US
dc.subject.stwWeidewirtschaften_US
dc.subject.stwRinderhaltungen_US
dc.subject.stwRisikomanagementen_US
dc.subject.stwAufforstungen_US
dc.subject.stwÖkologischer Landbauen_US
dc.subject.stwTrockenklimaen_US
dc.subject.stwNamibiaen_US
dc.titleBush encroachment control and risk management in semi-arid rangelandsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn642420815en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Working Paper Series in Economics, Leuphana Universität Lüneburg

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