Optimal renewable resource management in the presence of endogenous risk of invasion | Macquarie University ResearchOnline

Home

Please use this identifier to cite or link to this item: http://hdl.handle.net/1959.14/134518

16 Visitors

17 Hits

0 Downloads

Title: Optimal renewable resource management in the presence of endogenous risk of invasion
Related: Journal of environmental management, Vol. 89, Issue 4, (2008), p.273-283
DOI: 10.1016/j.jenvman.2007.05.022
Publisher: Elsevier
Date: 2008
Author/Creator: Ranjan, Ram
Author/Creator: Marshall, Elizabeth
Author/Creator: Shortle, James
Description: In this paper we examine the optimal management of a renewable resource that is at risk from alien species invasion. The objective of this paper is to derive implications for optimal management of a resource when options exist for both preventing the arrival of an invasive species and mitigating the impact of that arrival. Uncertainty about the timing and nature of an invasion can have important implications for the choice of management strategy, and a key feature of this analysis is an explicit treatment of that uncertainty.
Description: 11 page(s)
Subject Keyword: endogenous risk
Subject Keyword: invasive species
Subject Keyword: renewable resource
Subject Keyword: risk mitigation
Subject Keyword: resilience
Subject Keyword: poisson process
Resource Type: journal article
Organisation: Macquarie University. Graduate School of the Environment

Macquarie University ResearchOnline