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Invasive species and delaying the inevitable: Valuation evidence from a national survey

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  • McIntosh, Christopher R.
  • Shogren, Jason F.
  • Finnoff, David C.

Abstract

A survey was designed to elicit donations for delaying inevitable aquatic invasions of inland water bodies within a respondent's region. Surveys were distributed throughout the United States. Assuming all aquatic species groups invade simultaneously, our results suggest that the average person was willing to make a one-time payment of $48 to delay low to high impacts one year (aggregates to nearly $4Â billion for all U.S. households). By comparison, the federal government currently (2006) invests $394Â million annually for all invasive species (aquatic and terrestrial) prevention and early detection/rapid response.

Suggested Citation

  • McIntosh, Christopher R. & Shogren, Jason F. & Finnoff, David C., 2010. "Invasive species and delaying the inevitable: Valuation evidence from a national survey," Ecological Economics, Elsevier, vol. 69(3), pages 632-640, January.
    • Handle: RePEc:eee:ecolec:v:69:y:2010:i:3:p:632-640
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    2. Paul Mwebaze & Jeff Bennett & Nigel W. Beebe & Gregor J. Devine & Paul Barro, 2018. "Economic Valuation of the Threat Posed by the Establishment of the Asian Tiger Mosquito in Australia," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 71(2), pages 357-379, October.
    3. Charles Sims & David Finnoff, 2016. "Opposing Irreversibilities and Tipping Point Uncertainty," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 3(4), pages 985-1022.
    4. Hyytiäinen, Kari & Lehtiniemi, Maiju & Niemi, Jarkko K. & Tikka, Kimmo, 2013. "An optimization framework for addressing aquatic invasive species," Ecological Economics, Elsevier, vol. 91(C), pages 69-79.
    5. Tzu-Ming Liu, 2019. "Using RPL Model to Probe Trade-Offs among Negative Externalities of Controlling Invasive Species," Sustainability, MDPI, vol. 11(21), pages 1-17, November.
    6. Liu, Yanxu & Sims, Charles, 2016. "Spatial-dynamic externalities and coordination in invasive species control," Resource and Energy Economics, Elsevier, vol. 44(C), pages 23-38.
    7. 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.
    8. Oleg Sheremet & John R. Healey & Christopher P. Quine & Nick Hanley, 2017. "Public Preferences and Willingness to Pay for Forest Disease Control in the UK," Journal of Agricultural Economics, Wiley Blackwell, vol. 68(3), pages 781-800, September.
    9. Raja Chakir & Maia David & Estelle Gozlan & Aminata Sangare, 2016. "Valuing the Impacts of An Invasive Biological Control Agent: A Choice Experiment on the Asian Ladybird in France," Journal of Agricultural Economics, Wiley Blackwell, vol. 67(3), pages 619-638, September.

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