Document Type

Article

Journal/Book Title/Conference

Economics Research Institute Study Paper

Volume

11

Publisher

Utah State University Department of Economics

Publication Date

1998

First Page

1

Last Page

18

Abstract

We now know that from a functional standpoint, jointly determined ecological-economic systems ( ecosystems) cycle over time. However, because this recognition has been recent, the ecological economics literature contains very few formal studies of the management of cyclical ecosystems. Consequently, the objective of this paper is to use renewal theory to examine two ways of analyzing the optimal management of cyclical ecosystems.


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