5. The Economics of Choice: Trade-offs and Herbivory

David W. Stephens; John R. Krebs

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5. The Economics of Choice: Trade-offs and Herbivory

David W. Stephens and John R. Krebs

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This chapter is in the book Foraging Theory

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Stephens, David W. and Krebs, John R.. "5. The Economics of Choice: Trade-offs and Herbivory". Foraging Theory, Princeton: Princeton University Press, 1987, pp. 104-127. https://doi.org/10.1515/9780691206790-007

Stephens, D. & Krebs, J. (1987). 5. The Economics of Choice: Trade-offs and Herbivory. In Foraging Theory (pp. 104-127). Princeton: Princeton University Press. https://doi.org/10.1515/9780691206790-007

Stephens, D. and Krebs, J. 1987. 5. The Economics of Choice: Trade-offs and Herbivory. Foraging Theory. Princeton: Princeton University Press, pp. 104-127. https://doi.org/10.1515/9780691206790-007

Stephens, David W. and Krebs, John R.. "5. The Economics of Choice: Trade-offs and Herbivory" In Foraging Theory, 104-127. Princeton: Princeton University Press, 1987. https://doi.org/10.1515/9780691206790-007

Stephens D, Krebs J. 5. The Economics of Choice: Trade-offs and Herbivory. In: Foraging Theory. Princeton: Princeton University Press; 1987. p.104-127. https://doi.org/10.1515/9780691206790-007

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Chapters in this book

Frontmatter i
Contents v
Preface ix
Acknowledgments xiii
1. Foraging Economics: The Logic of Formal Modeling 1
2. Average-Rate Maximizing: The Prey and Patch Models 13
3. Average-Rate Maximizing Again: Changed Constraints 38
4. Incomplete Information 75
5. The Economics of Choice: Trade-offs and Herbivory 104
6. Risk-Sensitive Foraging 128
7. Dynamic Optimization: The Logic of Multi-Stage Decision Making 151
8. More on Constraints: Rules of Thumb and Satisficing 170
9. Testing Foraging Models 183
10. Optimization Models in Behavioral Ecology: The Spandrel Meets Its Arch-Rival 206
References and Index of Citations 217
Subject Index 239

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https://doi.org/10.1515/9780691206790-007

Chapters in this book

Frontmatter i
Contents v
Preface ix
Acknowledgments xiii
1. Foraging Economics: The Logic of Formal Modeling 1
2. Average-Rate Maximizing: The Prey and Patch Models 13
3. Average-Rate Maximizing Again: Changed Constraints 38
4. Incomplete Information 75
5. The Economics of Choice: Trade-offs and Herbivory 104
6. Risk-Sensitive Foraging 128
7. Dynamic Optimization: The Logic of Multi-Stage Decision Making 151
8. More on Constraints: Rules of Thumb and Satisficing 170
9. Testing Foraging Models 183
10. Optimization Models in Behavioral Ecology: The Spandrel Meets Its Arch-Rival 206
References and Index of Citations 217
Subject Index 239

5. The Economics of Choice: Trade-offs and Herbivory

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Chapters in this book

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