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Bang for the Buck: Cost-Effective Control of Invasive Species with Different Life Histories

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  • Buhle, Eric
  • Margolis, Michael
  • Ruesink, Jennifer L.

Abstract

Strategies for controlling invasive species can be aimed at any or all of the stages in the life cycle. In this paper we show how to combine biological data on population dynamics with simple economic data on control cost options to determine the least costly set of strategies that will halt an invasion. We then apply our methods to oyster drills (Ocinebrellus inornatus), an economically important aquaculture pest that has been accidentally introduced worldwide. If the costs of intervention were the same across life stages, extermination of adults would be an inefficient way to control species with the population dynamics characteristics of invaders. In the oyster drill case, however, efficient control targets adults because they are much easier to find.

Suggested Citation

  • Buhle, Eric & Margolis, Michael & Ruesink, Jennifer L., 2004. "Bang for the Buck: Cost-Effective Control of Invasive Species with Different Life Histories," Discussion Papers 10793, Resources for the Future.
  • Handle: RePEc:ags:rffdps:10793
    DOI: 10.22004/ag.econ.10793
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    References listed on IDEAS

    as
    1. Boyd, James & Wainger, Lisa, 2003. "Measuring Ecosystem Service Benefits: The Use of Landscape Analysis to Evaluate Environmental Trades and Compensation," Discussion Papers 10738, Resources for the Future.
    2. Mark E. Torchin & Kevin D. Lafferty & Andrew P. Dobson & Valerie J. McKenzie & Armand M. Kuris, 2003. "Introduced species and their missing parasites," Nature, Nature, vol. 421(6923), pages 628-630, February.
    3. Boyd, James & Wainger, Lisa, 2003. "Measuring Ecosystem Service Benefits: The Use of Landscape Analysis to Evaluate Environmental Trades and Compensation," RFF Working Paper Series dp-02-63, Resources for the Future.
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    Cited by:

    1. Lovell, Sabrina J. & Stone, Susan F. & Fernandez, Linda, 2006. "The Economic Impacts of Aquatic Invasive Species: A Review of the Literature," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 35(1), pages 1-14, April.

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