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Econometrica Vol. 43 No. 4 1975

Optimal Cropping of Self-Reproducible Natural Resources

John R. Beddington; Charlie Watts; W. D. C. Wright

Abstract

[Models of the behavior of populations of self-reproducible natural resources in an economic framework have rarely anticipated the consequences of different forms of production functions. This paper investigates sufficient conditions for extinction in a very general model as well as a model having a specific production function. In the second section additional considerations relating to extinction are deduced as well as the existence of a watershed level of population. These conclusions are exemplified using data from one particular population of red deer.]

DOI
10.2307/1913086
Volume
43
Issue
4
Pages
789
Sources
bibtex:phds-export.bib openalex crossref

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