Optimal spatial-dynamic management to minimize the damages caused by aquatic invasive species
Katherine Y. Zipp (),
Yangqingxiang Wu (),
Kaiyi Wu () and
Ludmil T. Zikatanov ()
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Katherine Y. Zipp: Penn State
Yangqingxiang Wu: Penn State
Kaiyi Wu: Tufts University
Ludmil T. Zikatanov: Penn State
Letters in Spatial and Resource Sciences, 2019, vol. 12, issue 3, 199-213
Abstract Invasive species have been recognized as a leading threat to biodiversity. In particular, lakes are especially affected by species invasions because they are closed systems sensitive to disruption. Accurately controlling the spread of invasive species requires solving a complex spatial-dynamic optimization problem. In this work we propose a novel framework for determining the optimal management strategy to maximize the value of a lake system net of damages from invasive species, including an endogenous diffusion mechanism for the spread of invasive species through boaters’ trips between lakes. The proposed method includes a combined global iterative process which determines the optimal number of trips to each lake in each season and the spatial-dynamic optimal boat ramp fee.
Keywords: Invasive species; Spatial-dynamic management; Convex optimization; Bioeconomic (search for similar items in EconPapers)
JEL-codes: Q20 Q50 Q57 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:spr:lsprsc:v:12:y:2019:i:3:d:10.1007_s12076-019-00237-x
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