Dynamic Models
This is when variables in a dynamic system are not changing.
What is a steady state?
The difference between benefits and costs.
What is net benefits?
These laws protect listed species.
What are the ESA and MBTA?
This agency oversees the most federal land.
What is the BLM?
This provides a payment to remove farmland from production.
What is the Conservation Reserve Program (CRP)?
This measures the relationship between variables without adhering to theory.
What is a reduced form model?
This uses harvest and effort data to measure the resource stock.
What is the CPUE estimator?
This provides funding for nutrition, farm income and conservation programs.
What is the Farm Bill?
This was created in response to deforested lands in the 1800s.
What is the FS?
This provides a payment to encourage farming that protects soil, air and water quality.
What is EQIP?
This uses a model to project the outcomes of a system.
What is a simulation?
This measures the relationship between variables without necessarily adhering to theory.
What is a reduced form model?
This requires farmers have a plan to limit soil erosion.
What is Conservation Compliance?
This agency creates and manages federal wetlands.
This is the share of an outcome that is attributable to a policy or program.
What is additionality?
This is
r(1-Xt/K)Xt.
What is the logistic growth function?
This is a technique to find the maximum of a function subject to constraints.
What is the method of Lagrange Multipliers
This encourages actions that work against the goals of a policy.
What is perverse incentives?
This funds conversation on private lands.
What is the USDA?
These aim to improve agricultural practices rather than remove land from production.
What are working lands programs?
This balances the returns from the resource with the rate of return on other investments.
What is the Fundamental Rule of Renewable Resources?
This accounts for the factors that influence an outcome in a logically consistent way.
What is a structural model?
This was create to support enforcement of state wildlife regulations.
What is the Lacey Act?
This agency is responsible for managing terrestrial endangered and threated species.
What is the FWS?
This grants landowners the right to harm species in exchange for assurances they will not be penalized in the future.
What is a Habitat Conservation Program or Plan?