Optimal renewable resource management in the presence of endogenous risk of invasion

Ranjan, Ram; Marshall, Elizabeth; Shortle, James S.

doi:10.1016/j.jenvman.2007.05.022

Cited by 14 publications

(11 citation statements)

References 16 publications

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“…Careful ecological economic research conducted at sufficiently large number of sites is needed for development of general management principles for control of invasive species (Leung et al 2005). This requires integration of ecology and economics to determine optimal responses to invasive species (Shogren and Tschirhart 2005;Ranjan et al 2008) and consideration of the complexity and uncertainty involved with estimating the costs and benefits of invasive species (Leung et al 2005).…”

Section: Conclusion and Prospectsmentioning

confidence: 99%

Habitat manipulation to mitigate the impacts of invasive arthropod pests

et al. 2010

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Exotic invaders are some of the most serious insect pests of agricultural crops around the globe. Increasingly, the structure of landscape and habitat is recognized as having a major influence on both insect pests and their natural enemies.Habitat manipulation that aims at conserving natural enemies can potentially contribute to safer and more effective control of invasive pests. In this paper, we review habitat management experiments, published during the last ten years, which have aimed to improve biological control of invasive pests. We then discuss during what conditions habitat management to conserve natural enemies is likely to be effective and how the likelihood of success of such methods can be improved. We finally suggest an ecologically driven research agenda for habitat management programmes.2

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Section: Conclusion and Prospectsmentioning

confidence: 99%

Habitat manipulation to mitigate the impacts of invasive arthropod pests

et al. 2010

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“…Several studies account for uncertainty when investigating the optimal choice of prevention, control, and adaptation [24,48,[64][65][66][67][68][69][70][71][72]. In principle, these studies address similar questions as those presented in Section 3, i.e., the optimal combination of prevention, control and adaptation policies, but add the dimension of risk.…”

Section: Management Under Uncertaintymentioning

confidence: 99%

“…Studies focusing on avoiding risk treat it as exogenous, and identify the best management strategy [48,64,70,72]. A relatively early contribution was provided by [64] where risk is assigned as a restriction in the decision problem.…”

Section: Management Under Uncertaintymentioning

confidence: 99%

“…Other studies insert risk in the objective function [48,70,72]. It was shown by [48] that an increase in the likelihood of a larger introduction of invasive species leads to an increase in the absolute amount of prevention because of risk aversion.…”

Section: Management Under Uncertaintymentioning

confidence: 99%

“…It was shown by [48] that an increase in the likelihood of a larger introduction of invasive species leads to an increase in the absolute amount of prevention because of risk aversion. The previous modeling frameworks was extended by [70] by examining optimal allocation of prevention efforts as well as mitigation of impact of arrival of an invasion in an ecosystem hosting a renewable resource faced with threat of invasion. They showed that uncertainty in the timing and nature of an invasion are important for optimal management strategy for the native ecosystem.…”

Section: Management Under Uncertaintymentioning

confidence: 99%

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Economics of Harmful Invasive Species: A Review

2014

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Abstract:The purpose of this study is to review theoretical and empirical findings in economics with respect to the challenging question of how to manage invasive species. The review revealed a relatively large body of literature on the assessment of damage costs of invasive species; single species and groups of species at different geographical scales. However, the estimated damage costs show large variation, from less than 1 million USD to costs corresponding to 12% of gross domestic product, depending on the methods employed, geographical scale, and scope with respect to inclusion of different species. Decisions regarding optimal management strategies, when to act in the invasion chain and which policy to choose, have received much less attention in earlier years, but have been subject to increasing research during the last decade. More difficult, but also more relevant policy issues have been raised, which concern the targeting in time and space of strategies under conditions of uncertainty. In particular, the weighting of costs and benefits from early detection and mitigation against the uncertain avoidance of damage with later control, when the precision in targeting species is typically greater is identified as a key challenge. The role of improved monitoring for detecting species and their spread and damage has been emphasized, but questions remain on how to achieve this in practice. This is in contrast to the relatively large body of literature on policies for mitigating dispersal by trade, which is regarded as one of the most important vectors for the spread of invasive species. On the other hand, the literature on how to mitigate established species, by control or adaptation, is much more scant. Studies evaluating causes for success or failure of policies against invasive in practice are in principal non-existing. OPEN ACCESSDiversity 2014, 6 501

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Economics of Invasive Species

Warziniack

Haight

Yemshanov

et al. 2021

Invasive Species in Forests and Rangelands of the United States

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While the subset of introduced species that become invasive is small, the damages caused by that subset and the costs of controlling them can be substantial. This chapter takes an in-depth look at the economic damages non-native species cause, methods economists often use to measure those damages, and tools used to assess invasive species policies. Ecological damages are covered in other chapters of this book. To put the problem in perspective, Federal agencies reported spending more than half a billion dollars per year in 1999 and 2000 for activities related to invasive species ($513.9 million in 1999 and $631.5 million in 2000 (U.S. GAO 2000)). Approximately half of these expenses were spent on prevention. Several states also spend considerable resources on managing non-native species; for example, Florida spent $127.6 million on invasive species activities in 2000 (U.S. GAO 2000), and the Great Lakes states spend about $20 million each year to control sea lamprey (Petromyzon marinus) (Kinnunen 2015). Costs to government may not be the same as actual damages, which generally fall disproportionately on a few economic sectors and households. For example, the impact of the 2002 outbreak of West Nile virus exceeded $4 million in damages to the equine industries in Colorado and Nebraska alone (USDA APHIS 2003) and more than $20 million in public health damages in Louisiana (Zohrabian et al. 2004). Zebra mussels (Dreissena polymorpha) cause $300–$500 million annually in damages to power plants, water systems, and industrial water intakes in the Great Lakes region (Great Lakes Commission 2012) and are expected to cause $64 million annually in damages should they or quagga mussels (Dreissena bugensis) spread to the Columbia River basin (Warziniack et al. 2011).

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Optimal renewable resource management in the presence of endogenous risk of invasion

Cited by 14 publications

References 16 publications

Habitat manipulation to mitigate the impacts of invasive arthropod pests

Habitat manipulation to mitigate the impacts of invasive arthropod pests

Economics of Harmful Invasive Species: A Review

Economics of Invasive Species

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