Bioeconomics of Invasive Species in Aquatic Ecosystems

Author(s)
Cacho, Oscar Jose
Publication Date
2006
Abstract
When a biological invader is identified in an aquatic ecosystem, rapid response is critical, particularly if the invasive organism has the ability to spread rapidly. The first response should be to attempt to contain the invasion while further information is gathered to evaluate whether eradication is feasible. The eradication versus containment decision is studied by developing and using a stochastic dynamic programming model based on a simple biological spread function. Information requirements to calibrate the decision model for a specific invader are discussed and numerical analysis is undertaken to illustrate how the model can be used when only rough estimates of benefits and costs are available.
Citation
Aquaculture Economics & Management, 10(2), p. 107-124
ISSN
1551-8663
1365-7305
Link
Language
en
Publisher
Taylor & Francis
Title
Bioeconomics of Invasive Species in Aquatic Ecosystems
Type of document
Journal Article
Entity Type
Publication

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