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Concept
Marginal Value Theorem
The
Marginal Value Theorem
is a model in
behavioral ecology
that predicts the
optimal time
an animal should spend exploiting a
resource patch
before moving to a new one, balancing the trade-off between
travel time
and
diminishing returns
. It helps explain
foraging behavior
by considering the
energy gain rate
and
travel costs
, aiming to maximize the
overall rate of resource acquisition
.
Relevant Degrees
Probability and Statistics 40%
Ecology and Biodiversity 30%
Economic Theory and Concepts 30%
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