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Managing exotic pests under uncertainty: optimal control actions and bioeconomic investigations

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  • Saphores, Jean-Daniel M.
  • Shogren, Jason F.

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  • Saphores, Jean-Daniel M. & Shogren, Jason F., 2005. "Managing exotic pests under uncertainty: optimal control actions and bioeconomic investigations," Ecological Economics, Elsevier, vol. 52(3), pages 327-339, February.
    • Handle: RePEc:eee:ecolec:v:52:y:2005:i:3:p:327-339
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    References listed on IDEAS

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    1. Bar-Ilan, Avner & Strange, William C, 1996. "Investment Lags," American Economic Review, American Economic Association, vol. 86(3), pages 610-622, June.
    2. Saphores, Jean-Daniel, 2003. "Harvesting a renewable resource under uncertainty," Journal of Economic Dynamics and Control, Elsevier, vol. 28(3), pages 509-529, December.
    3. Dixit, Avinash & Pindyck, Robert S & Sodal, Sigbjorn, 1999. "A Markup Interpretation of Optimal Investment Rules," Economic Journal, Royal Economic Society, vol. 109(455), pages 179-189, April.
    4. David Sunding & Joshua Zivin, 2000. "Insect Population Dynamics, Pesticide Use, and Farmworker Health," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(3), pages 527-540.
    5. Conrad, Jon M., 2000. "Wilderness: options to preserve, extract, or develop," Resource and Energy Economics, Elsevier, vol. 22(3), pages 205-219, July.
    6. Avinash K. Dixit & Robert S. Pindyck, 1994. "Investment under Uncertainty," Economics Books, Princeton University Press, edition 1, number 5474.
    7. 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.
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    Cited by:

    1. Strange, Niels & Jacobsen, Jette Bredahl & Thorsen, Bo Jellesmark, 2019. "Afforestation as a real option with joint production of environmental services," Forest Policy and Economics, Elsevier, vol. 104(C), pages 146-156.
    2. Tom Kompas & Tuong Nhu Che & Pham Van Ha, 2006. "An Optimal Surveillance Measure Against Foot-and-Mouth Disease in the United States," International and Development Economics Working Papers idec06-11, International and Development Economics.
    3. Strand, Jon, 2017. "Modeling the marginal value of rainforest losses: A dynamic value function approach," Ecological Economics, Elsevier, vol. 131(C), pages 322-329.
    4. Katarina Elofsson & Ing-Marie Gren, 2015. "Regulating invasive species with different life history," Journal of Bioeconomics, Springer, vol. 17(2), pages 113-136, July.
    5. Elofsson, Katarina & Bengtsson, Goran & Gren, Ing-Marie, 2011. "Optimal Management of Invasive Species with Different Reproduction and Survival Strategies," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114343, European Association of Agricultural Economists.
    6. Ben Abdallah, Skander & Lasserre, Pierre, 2012. "A real option approach to the protection of a habitat dependent endangered species," Resource and Energy Economics, Elsevier, vol. 34(3), pages 295-318.
    7. Sims, Charles & Finnoff, David, 2012. "The role of spatial scale in the timing of uncertain environmental policy," Journal of Economic Dynamics and Control, Elsevier, vol. 36(3), pages 369-382.
    8. Xiaoxue Du & Levan Elbakidze & Liang Lu & R. Garth Taylor, 2022. "Climate Smart Pest Management," Sustainability, MDPI, vol. 14(16), pages 1-19, August.
    9. Charles Sims & David Finnoff & Jason F. Shogren, 2018. "Taking One for the Team: Is Collective Action More Responsive to Ecological Change?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 70(3), pages 589-615, July.
    10. Lu, Liang & Elbakidze, Levan, 2012. "Application of Comparative Dynamics in Stochastic Invasive Species Management in Agricultural Production," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 125226, Agricultural and Applied Economics Association.
    11. Koji Kotani & Makoto Kakinaka & Hiroyuki Matsuda, 2006. "Dynamic Economic Analysis on Invasive Species Management: Some Policy Implications of Catchability," Working Papers EMS_2006_16, Research Institute, International University of Japan.
    12. Marten, Alex L. & Moore, Christopher C., 2011. "An options based bioeconomic model for biological and chemical control of invasive species," Ecological Economics, Elsevier, vol. 70(11), pages 2050-2061, September.
    13. Grogan, Kelly A. & Chakravarty, Shourish, 2017. "The Feasibility of Area-wide Pest Management under Heterogeneity and Uncertainty: The Case of Citrus Health Management Areas," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 259188, Agricultural and Applied Economics Association.
    14. Lu, Liang & Elbakidze, Levan, 2011. "Weather Forecast Based Conditional Pest Management: A Stochastic Optimal Control Investigation," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 103655, Agricultural and Applied Economics Association.
    15. Sims, Charles & Finnoff, David, 2013. "When is a “wait and see” approach to invasive species justified?," Resource and Energy Economics, Elsevier, vol. 35(3), pages 235-255.
    16. Sinden, John Alfred & Griffith, Garry, 2007. "Combining economic and ecological arguments to value the environmental gains from control of 35 weeds in Australia," Ecological Economics, Elsevier, vol. 61(2-3), pages 396-408, March.
    17. arnaud dragicevic, 2012. "Bayesian Population Dynamics of Spreading Species," THEMA Working Papers 2012-30, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    18. Anke Leroux & Donald Maclaren, 2011. "The Optimal Time to Remove Quarantine Bans Under Uncertainty: The Case of Australian Bananas," The Economic Record, The Economic Society of Australia, vol. 87(276), pages 140-152, March.

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