The Economics of Controlling a Stochastic Biological Invasion

Olson, Lars J.; Roy, Santanu

doi:10.1111/1467-8276.00395

Cited by 166 publications

(113 citation statements)

References 9 publications

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“…maximize net benefits); design management to best achieve management objective Apply dynamic optimization, optimal control, etc. within a bioeconomic modeling framework Olson and Roy (2002), Eiswerth and Johnson (2002), , (2014), Haight and Polasky (2010), Burnett et al (2007), Baker and Bode (2016), Sharov and Liebhold (1998) and Sims (2011); majority of studies cited in this review Optimal policy design Determine optimal policy parameters (e.g. tax level, inspection rate) to alter private behavior or decisionmaking to achieve management objectives Apply dynamic optimization, optimal control, etc.…”

Section: Overview Of Economic Concepts Applied To Invasive Species Mamentioning

confidence: 99%

Economics of invasive species policy and management

Epanchin‐Niell

2017

Biol Invasions

163

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This article examines the use of economic analysis to inform bioinvasion management, with particular focus on forest resources. Economics is key for understanding invasion processes, impacts, and decision-making. Biological invasions are driven by and affect economic activities at multiple scales and stages of an invasion. Bioeconomic modeling seeks to inform how resources can be optimally allocated across invasion management activities-including prevention, surveillance programs for early detection and management, and controlling invasion populations and spread-to minimize the long-term costs and damages. Economic analysis facilitates understanding of decisions by public and private decision-makers, gaps between these, and the design of policies to achieve socially desirable outcomes. Private decisionmakers may undercontrol invasions relative to socially optimal levels, because they generally account for their own costs and benefits of control but less often for broader ecosystem impacts or future spread across the landscape. Economic analysis considers approaches for increasing private invasion management and evaluates feedbacks between ecological and economic systems that can affect policy outcomes. Future research should continue evaluation and design of control strategies across the biosecurity continuum and across species to enhance cost-effectiveness, better incorporate uncertainty into policy design, increase focus on incentives and behavioral tools to influence private behaviors that affect invasion spread, and incorporate invasive species consideration within broader systems-focused science. In addition, challenges in valuing biodiversity and ecosystem service impacts and the costs and effectiveness of control measures are key data gaps. Greater collaboration between decision-makers and researchers will facilitate development and communication of usable economic research.

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Section: Overview Of Economic Concepts Applied To Invasive Species Mamentioning

confidence: 99%

Economics of invasive species policy and management

Epanchin‐Niell

2017

Biol Invasions

163

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“…To compare treatment expenses with the losses due to invasion we can perform cost-benefit analysis. This brings us into the framework of bioeconomics and economic problems of cost-benefits analysis and optimal control [5,21].…”

Section: Introductionmentioning

confidence: 99%

“…Even with 3-5 lakes, its complete analysis becomes practically impossible. However, for ecosystem valuation and determining the invasion costs infinite-horizon problems are often used [2,21]. An optimal solution for such problems should converge to a steady state [12].…”

Section: Introductionmentioning

confidence: 99%

Allee Effect and Control of Lake System Invasion

Potapov

Lewis

2008

Bull. Math. Biol.

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Abstract. We consider the model of invasion prevention in a system of lakes that are connected via traffic of recreational boats. It is shown that, in presence of an Allee effect, the general optimal control problem can be reduced to a significantly simpler stationary optimization problem of optimal invasion stopping. We consider possible values of model parameters for zebra mussels. The general N -lake control problem has to be solved numerically, and we show a number of typical features of solutions: distribution of control efforts in space and optimal stopping configurations related with the clusters in lake connection structure.

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“…Recent studies on the economics of invasive species management include those by Shogren (2000), Knowler and Barbier (2000), Olson and Roy (2002), Eiswerth and Van Kooten (2002), Perrings (2003), etc. While these studies focus mostly on the optimal combination of prevention and control options, one possible option is to take restoration measures to bring the invaded eco-system close to its pre-invaded state through eradication of the pest and recovery of the eroded environment.…”

Section: Introductionmentioning

confidence: 99%

Environmental restoration of invaded ecosystems: How much versus how often?

Ranjan

2008

Journal of Environmental Management

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This paper derives the optimal level of restorative efforts required to restore environments degraded by invasive species invasion. Specific attention is focused on a case when the restoration faces the risk of failure through relapse of the restored environment. The level of restored environment may also play a role in its future improvement or susceptibility to failure. The tradeoff between the optimal level of environmental quality and number of restorative efforts required to attain that given environmental quality is analyzed.

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The Economics of Controlling a Stochastic Biological Invasion

Cited by 166 publications

References 9 publications

Economics of invasive species policy and management

Economics of invasive species policy and management

Allee Effect and Control of Lake System Invasion

Environmental restoration of invaded ecosystems: How much versus how often?

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