The Optimal Control of Biological Invasions with Heterogeneous Intensity
James S. Goodenberger,
Henry Klaiber and
Sathya Gopalakrishnan
No 170204, 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota from Agricultural and Applied Economics Association
Abstract:
This paper investigates the impact of heterogeneous intensity in the optimal control of invasive species. By simulating a spatial dynamic optimal control model with eradication and suppression decision variables we find that the intensity of an invasion, as well as the carrying capacity of the landscape, are both important factors that should be taken into account when control decisions are being made.
Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea14:170204
DOI: 10.22004/ag.econ.170204
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