Optimal control of locusts in subsistence farming areas
AbstractLocust swarms hit subsistence-staple-crop-growing households at random and are not privately controllable. An aerial-spraying optimal control model that supports the said households' livelihood at least expected cost is therefore developed. The qualitative properties of the model are analysed under economically plausible but mild assumptions. The steady state comparative statics reveal that the locust swarm size and the probability of a household's crop being destroyed by a swarm decrease with the number of households, yield per household, and the staple crop's replacement price, and increase with the marginal cost of spraying and the planner's discount rate. A local comparative dynamics analysis is also conducted, as it provides the necessary economic intuition behind other ostensibly anomalous steady-state comparative statics results.
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Bibliographic InfoArticle provided by Elsevier in its journal European Journal of Operational Research.
Volume (Year): 191 (2008)
Issue (Month): 2 (December)
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Web page: http://www.elsevier.com/locate/eor
Other versions of this item:
- Levy, Amnon & Caputo, Michael, 2007. "Optimal Control of Locusts in Subsistence Farming Areas," Economics Working Papers wp07-10, School of Economics, University of Wollongong, NSW, Australia.
- Levy, Amnon, 2006. "Optimal Control of Locusts in Subsistence Farming Areas," Economics Working Papers wp06-10, School of Economics, University of Wollongong, NSW, Australia.
- O13 - Economic Development, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
- O18 - Economic Development, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
- O21 - Economic Development, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Caputo,Michael R., 2005.
"Foundations of Dynamic Economic Analysis,"
Cambridge University Press, number 9780521842723, October.
- Jean-Daniel M. Saphores, 2000. "The Economic Threshold with a Stochastic Pest Population: A Real Options Approach," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(3), pages 541-555.
- Cowan, Robin & Gunby, Philip, 1996. "Sprayed to Death: Path Dependence, Lock-In and Pest Control Strategies," Economic Journal, Royal Economic Society, vol. 106(436), pages 521-42, May.
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