Document Type
Article
Journal/Book Title/Conference
Economics Research Institute Study Paper
Volume
23
Publisher
Utah State University Department of Economics
Publication Date
1999
First Page
1
Last Page
11
Abstract
The sizeable literature on extinction in economics has paid scant attention to the problem of constructing measures of species extinction. Moreover, this literature has not studied the question of species extinction in stochastic systems that are jointly determined. Consequently, the objective of this paper is to use probability theory to construct a measure of species extinction in jointly determined ecological-economic systems.
Recommended Citation
Batabyal, Amitrajeet A. and Beladi, Hamid, "On the Extinction of Species in Jointly Determined Stochastic Systems" (1999). Economic Research Institute Study Papers. Paper 173.
http://digitalcommons.usu.edu/eri/173
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