Locust swarms hit subsistence-staple-crop-growing households at random and are not privately controllable. A regional aerial-spraying scheme that supports these households’ livelihood at the least cost is proposed. The properties of this scheme are analysed and two steady states are identified. The saddle one is socio-economically superior to the stable spiral. Simulations reveal that the respective stationary probability of a household’s crop being devoured by the swarm diminishes with the number of households, yield per household, staple crop’s replacement price and spraying efficacy, but rises with the spraying cost coefficient, locusts’ multiplication rate and public planner’s discount rate.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Publisher Info
Paper provided by School of Economics, University of Wollongong, NSW, Australia in its series Economics Working Papers with number
wp06-10.
References listed on IDEAS 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.: