Open AccessTHE QUALITATIVE CONTENT OF RENEWABLE RESOURCE MODELS
Author(s) -
Caputo Michael R.
Publication year - 1989
Publication title -
natural resource modeling
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.28
H-Index - 32
eISSN - 1939-7445
pISSN - 0890-8575
DOI - 10.1111/j.1939-7445.1989.tb00076.x
Subject(s) - renewable resource , renewable energy , resource (disambiguation) , computer science , stability (learning theory) , mathematical economics , mathematical optimization , ecology , mathematics , computer network , machine learning , biology
This paper analyzes the extent to which standard dynamic renewable resource models possess refutable implications. Both the steady state comparative static and local comparative dynamic properties of the standard model are studied. A unified framework is developed which enables one to analyze the qualitative properties of any standard renewable resource model. This is achieved by explicitly linking the local stability, steady state comparative static, and local comparative dynamic properties of the model.