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Valuing the Prevention of an Infestation: The Threat of the New Zealand Mud Snail in Northern Nevada

  • Davis, Alison F.
  • Moeltner, Klaus

The Truckee/Carson/Walker River watershed in northern Nevada is under an imminent threat of infestation by the New Zealand mud snail, an aquatic nuisance species with the potential to harm recreational fisheries. We combine a utility-theoretic system-demand model of recreational angling with a Bayesian econometric framework to provide estimates of trip and welfare losses under different types of regulatory control policies. We find that such losses can be substantial, warranting immediate investments in preemptive strategies via public outreach and awareness campaigns.

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Article provided by Northeastern Agricultural and Resource Economics Association in its journal Agricultural and Resource Economics Review.

Volume (Year): 39 (2010)
Issue (Month): 1 (February)

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Handle: RePEc:ags:arerjl:59333
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  11. McAusland, Carol & Costello, Christopher, 2004. "Avoiding invasives: trade-related policies for controlling unintentional exotic species introductions," Journal of Environmental Economics and Management, Elsevier, vol. 48(2), pages 954-977, September.
  12. Klaus Moeltner & Richard Woodward, 2009. "Meta-Functional Benefit Transfer for Wetland Valuation: Making the Most of Small Samples," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 42(1), pages 89-108, January.
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