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Good Seeds Bear Good Fruit: Using Benefit-to-Cost Ratios in Multiobjective Spatial Optimization under Epistasis

Author

Listed:
  • Zhengxin Lang
  • Sergey S. Rabotyagov
  • Se Jong Cho
  • Todd Campbell
  • Catherine L. Kling

Abstract

Many biophysical models exhibit epistasis (interdependence), where a conservation action impacts the effectiveness of another elsewhere. At the same time, ranking conservation actions according to the independent benefit-to-cost ratios is cost-efficient when epistasis is absent. We use benefit-to-cost rankings as starting points for an evolutionary algorithm employing an epistatic biophysical model. We model a variety of conservation actions to assess trade-offs for sediment reduction and wildlife conservation in the study watershed. We find that despite the presence of epistasis, the weighted benefit-to-cost ratio-derived solutions perform remarkably well in the decision space, but effects in objective space need the model evaluation.

Suggested Citation

  • Zhengxin Lang & Sergey S. Rabotyagov & Se Jong Cho & Todd Campbell & Catherine L. Kling, 2020. "Good Seeds Bear Good Fruit: Using Benefit-to-Cost Ratios in Multiobjective Spatial Optimization under Epistasis," Land Economics, University of Wisconsin Press, vol. 96(4), pages 531-551.
  • Handle: RePEc:uwp:landec:v:96:y:2020:i:4:p:531-551
    Note: DOI: 10.3368/wple.96.4.531
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    More about this item

    JEL classification:

    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
    • Q52 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Pollution Control Adoption and Costs; Distributional Effects; Employment Effects

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