Browsing Institutt for samfunnsøkonomi by Subject "natural resource modeling"
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The silence of the lambs
(Working Paper Series, 1503-299X; 2006:13, Research report, 2006)A model analyzing the economics of sheep farming is formulated. The basic idea is simple. Sheep are capital and they are held by farmers as long as their capital value exceeds their slaughter, or meat, value. The farmers ...