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Title: Valuation of the cost of a weed incursion in a natural environment: a simulation approach
Contributor(s): Hester, Susan  (author); Sinden, Jack Alfred  (author); Cacho, Oscar Jose  (author)orcid 
Publication Date: 2004
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Abstract: The damage that weeds inflict on natural ecosystems over time reduces the flow of services from these areas, thus reducing the flow of benefits to society. A simulation model of a natural ecosystem is a useful tool to analyse the effects of an alien plant invasion over time. Such an approach is developed here to apply the theory of production economics to value the damage through a dynamic bioeconomic model. The approach integrates the principles of benefit-cost analysis to value the costs of the incursion and the benefits of control.
Publication Type: Conference Publication
Conference Details: 14AWC: 14th Australian Weeds Conference, Wagga Wagga, Australia, 6th - 9th September, 2004
Source of Publication: 14th Australian Weeds Conference Papers and Proceedings: Weed Management - Balancing People, Planet, Profit, p. 572-575
Publisher: Weed Society of New South Wales
Place of Publication: Wahroonga, Australia
Fields of Research (FoR) 2008: 140205 Environment and Resource Economics
Socio-Economic Objective (SEO) 2008: 910210 Production
Peer Reviewed: Yes
HERDC Category Description: E1 Refereed Scholarly Conference Publication
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Appears in Collections:Conference Publication

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