Decision Making in Natural Resource Management
Decision Making in Natural Resource Management

Author: Michael J. Conroy

Publisher: John Wiley & Sons

Published: 2013-03-18

Total Pages: 480

ISBN-13: 0470671742

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This book is intended for use by natural resource managers and scientists, and students in the fields of natural resource management, ecology, and conservation biology, who are confronted with complex and difficult decision making problems. The book takes readers through the process of developing a structured approach to decision making, by firstly deconstructing decisions into component parts, which are each fully analyzed and then reassembled to form a working decision model. The book integrates common-sense ideas about problem definitions, such as the need for decisions to be driven by explicit objectives, with sophisticated approaches for modeling decision influence and incorporating feedback from monitoring programs into decision making via adaptive management. Numerous worked examples are provided for illustration, along with detailed case studies illustrating the authors’ experience in applying structured approaches. There is also a series of detailed technical appendices. An accompanying website provides computer code and data used in the worked examples. Additional resources for this book can be found at: www.wiley.com/go/conroy/naturalresourcemanagement.

Modeling and Management of Resources under Uncertainty
Modeling and Management of Resources under Uncertainty

Author: Thomas L. Vincent

Publisher: Springer Science & Business Media

Published: 2013-03-08

Total Pages: 329

ISBN-13: 3642933653

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This vol ume contains the proceedings of the second U. S. -Austral ia workshop on Renewable Resource Management held at the East-West Center, Honolulu, Hawaii, December 9-12, 1985. The workshop was jointly sponsored by the National Science Foundation (USA) and the Department of Science and Technology (Austral ia) under the U. S. -Austral ia Cooperative Science Program. The objective of the workshop was to focus on problems associated with the management of renewable resource systems. A particular emphasis was given to methods for handling uncertain elements whieh are present in any real system. Toward this end, the partiei pants were chosen so that the collective expertise included mathematical modeling, dynamical control/game theory, ecology, and practical management of real systems. Each participant was invited to give an informal presentation in his field of expertise as related to the overall theme. The formal papers (contained in this vo 1 ume) were written after the workshop so that the authors coul d util ize the workshop experience in relating their own work to others. To further encourage this exchange, each paper contained in this volume was reviewed by two other participants who then wrote formal comments. These comments (with author's reply in some cases) are attached to the end of each paper.

Optimal Decisions under Uncertainty
Optimal Decisions under Uncertainty

Author: J.K. Sengupta

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 166

ISBN-13: 3642877206

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The theory of optimal decisions in a stochastic environment has seen many new developments in recent years. The implications of such theory for empirical and policy applications are several. This book attempts to analyze some of the impor tant applied aspects of this theory and its recent developments. The stochastic environment is considered here in specific form, e.g., (a) linear programs (LP) with parameters subject to a probabilistic mechanism, (b) decision models with risk aversion, (c) resource allocation in a team, and (d) national economic planning. The book attempts to provide new research insights into several areas, e.g., (a) mixed strategy solutions and econometric tests of hypotheses of LP models, (b) the dual problems of efficient estimation and optimal regulation, (c) input-output planning under imperfect competition, and (d) linear programs viewed as constrained statistical games. Methods of optimal decision rules developed here for quadratic and linear decision problems are applicable in three broad areas: (a) applied economic models in resource allocation, planning and team decision, (b) operations research models in management decisions involving portfolio analysis and stochastic programming, and (c) systems science models in stochastic control and adaptive behavior. Some results reported here have been published in professional journals be-. fore, and I would like to thank the following journals in particular: Inter national Journal of Systems Science, Journal of Optimization Theory and Applica tions and Journal of Mathematical Analysis and Applications.

California Water
California Water

Author: David William Seckler

Publisher: Univ of California Press

Published: 1971-01-01

Total Pages: 380

ISBN-13: 9780520018846

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Analyzing Nonrenewable Resource Supply
Analyzing Nonrenewable Resource Supply

Author: Douglas R. Bohi

Publisher: Routledge

Published: 2015-09-16

Total Pages: 226

ISBN-13: 1317361423

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Originally published in 1984, Douglas A. Bohi and Michael A. Toman have produced a convenient reference source about disparate elements in the theory of nonrenewable resource supply and about general issues that arise when applying dynamic economic analysis. The authors emphasise the inherently dynamic nature of resource supply decisions, the effects of resource depletion on costs and behaviour, and the influence of uncertainty about costs, prices, and reserves. This title will be useful to students interested in environmental studies and economics, practitioners, and others who need to know more about complex interactions of economic forces and the resource base.

Dynamic Timing Decisions Under Uncertainty
Dynamic Timing Decisions Under Uncertainty

Author: Nguyen M. Hung

Publisher: Springer Science & Business Media

Published: 2013-04-17

Total Pages: 201

ISBN-13: 3642515088

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Jay Forrester's Economic Dynamics was published in 1971 and The Limits to Growth by Dennis Meadows and his associates appeared a year later. The publication of those two books gave rise to twenty years of intense research into the economics of exhaustible resources, research which everywhere has had a substantial impact both on public debate and on academic curricula. And now, just as that line of research is losing steam, economists are focussing on problems associated with the degradation of the natural environment, problems which call for models which, in their formal structure, are quite similar to those already developed in resource economics. This is therefore an appropriate moment for the appearance of a thorough exposition of the economics of exhaustible resources. For that is what Nguyen Manh Hung and Nguyen Van Quyen have provided. Their splendid new book covers equally well the older Hotelling-inspired theory of cake-eating and the economics of search and R&D designed to uncover new and cheaper sources of supply. It provides an entree to the whole subject of resource economics, as well as many new discoveries which will be of interest to experienced researchers.

Essays on Economic Decisions Under Uncertainty
Essays on Economic Decisions Under Uncertainty

Author: Jacques Drèze

Publisher: CUP Archive

Published: 1990-05-25

Total Pages: 460

ISBN-13: 9780521386975

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Professor Dreze is a highly respected mathematical economist and econometrician. This book brings together some of his major contributions to the economic theory of decision making under uncertainty, and also several essays. These include an important essay on 'Decision theory under moral hazard and state dependent preferences' that significantly extends modern theory, and which provides rigorous foundations for subsequent chapters. Topics covered within the theory include decision theory, market allocation and prices, consumer decisions, theory of the firm, labour contracts, and public decisions.

External Costs of Coastal Beach Pollution
External Costs of Coastal Beach Pollution

Author: Elizabeth A. Wilman

Publisher: Routledge

Published: 2015-09-16

Total Pages: 146

ISBN-13: 1317364759

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In this title, originally published in 1984, Wilman develops and describes a methodology for imputing a monetary value to the loss in beach recreational services that would result from a hypothetical oil spill in the Georges Bank area off Massachusetts. Combining an oil-spill risk analysis model with an hedonic pricing model to generate estimates of beach pollution costs associated with offshore oil development, Wilman makes possible for the first time a rational judgement regarding whether the benefits of developing offshore oil outweigh the costs. This book is a valuable resource for students interested in environmental studies and Wilman’s methodological approach can be used to value other nonmarket resource services in any area.

Decision-Making in an Organizational Context
Decision-Making in an Organizational Context

Author: J. Rosanas

Publisher: Springer

Published: 2013-05-12

Total Pages: 193

ISBN-13: 1137324155

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Illustrates how decision-making in organizations has to go beyond economic criteria and the individual level, due to the impossibility of making decisions that do not affect other human beings. The author reviews the conventional analyses of decision-making that do not take into account how decisions affect others and suggests an alternate model.