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Invasive species and delaying the inevitable: Valuation evidence from a national survey

Christopher McIntosh, Jason Shogren () and David Finnoff

Ecological Economics, 2010, vol. 69, issue 3, 632-640

Abstract: A survey was designed to elicit donations for delaying inevitable aquatic invasions of inland water bodies within a respondent's region. Surveys were distributed throughout the United States. Assuming all aquatic species groups invade simultaneously, our results suggest that the average person was willing to make a one-time payment of $48 to delay low to high impacts one year (aggregates to nearly $4Â billion for all U.S. households). By comparison, the federal government currently (2006) invests $394Â million annually for all invasive species (aquatic and terrestrial) prevention and early detection/rapid response.

Keywords: Invasive; species; Protection; Delaying; the; inevitable; Survey; Contingent; valuation (search for similar items in EconPapers)
Date: 2010
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Handle: RePEc:eee:ecolec:v:69:y:2010:i:3:p:632-640