C. M. K. Watts, John R. Beddington, W. D. C. Wright
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.
MLA
Watts, C. M. K., et al. “Optimal Cropping of Self-Reproducible Natural Resources.” Econometrica, vol. 43, .no 4, Econometric Society, 1975, pp. 789-802, https://www.jstor.org/stable/1913086
Chicago
Watts, C. M. K., John R. Beddington, and W. D. C. Wright. “Optimal Cropping of Self-Reproducible Natural Resources.” Econometrica, 43, .no 4, (Econometric Society: 1975), 789-802. https://www.jstor.org/stable/1913086
APA
Watts, C. M. K., Beddington, J. R., & Wright, W. D. C. (1975). Optimal Cropping of Self-Reproducible Natural Resources. Econometrica, 43(4), 789-802. https://www.jstor.org/stable/1913086
The Executive Committee of the Econometric Society has approved an increase in the submission fees for papers in Econometrica. Starting January 1, 2025, the fee for new submissions to Econometrica will be US$125 for regular members and US$50 for student members.
By clicking the "Accept" button or continuing to browse our site, you agree to first-party and session-only cookies being stored on your device. Cookies are used to optimize your experience and anonymously analyze website performance and traffic.