Control and the management of a spreading invader
David Finnoff,
Alexei Potapov and
Mark A. Lewis
Resource and Energy Economics, 2010, vol. 32, issue 4, 534-550
Abstract:
We consider the problem of management of an aquatic invader spreading in a lake system. We assume that each year the invader can be removed from a certain proportion of invaded lakes, which depends on the selected intensity of control. Control decisions are generated and compared for an optimally controlled system and for a static optimization across asymptotic steady states. Control close to eradication of the invasive species is always optimal for invasions with relatively high damages, low rates of density dependent spread and/or low chance of additional random introductions. Control to a highly invaded steady state is optimal for those invasions with low relative damages, high chances of random introduction and high levels of uncertainty in species location. In all other cases the optimal outcome depends upon initial conditions. Comparing the relative performance of the optimally controlled system and the static optimization demonstrates situations when the differences are small and when not. When invasions are acted upon in their later stages and across certain parameter combinations a static optimization provides a reasonable approximation of an optimally controlled system. The flip-side is that optimal policies directed at an invasion in its early stages tend to provide significantly savings. The savings vary across parameter combinations, yet in these situations little useful insight will be generated without consideration of a dynamically optimized system.
Keywords: Natural; resources; Biological; invasions; Invasive; species (search for similar items in EconPapers)
Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (15)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0928-7655(10)00023-0
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:resene:v:32:y:2010:i:4:p:534-550
Access Statistics for this article
Resource and Energy Economics is currently edited by J. F. Shogren and S. Smulders
More articles in Resource and Energy Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().