Economics of Controlling Invasive Species: A Stochastic Optimization Model for a Spatial‐dynamic Process. (20th June 2016)
- Record Type:
- Journal Article
- Title:
- Economics of Controlling Invasive Species: A Stochastic Optimization Model for a Spatial‐dynamic Process. (20th June 2016)
- Main Title:
- Economics of Controlling Invasive Species: A Stochastic Optimization Model for a Spatial‐dynamic Process
- Authors:
- Chalak, Morteza
Polyakov, Maksym
Pannell, David J. - Abstract:
- Abstract : We analyze the dynamic process of invasive‐species control in a spatially explicit and stochastic setting. An integer optimization model is applied to identify optimal strategies to deal with invasive species at a steady state. Optimal strategies depend on the spatial location of invasion as well as on stochastic characteristics of spread and control. Previous studies of invasive‐species control have been stochastic or spatial, but not both. We model a landscape as consisting of multiple cells, each of which may be subject to border control or eradication within the cell. Optimal strategies from the model are characterized as eradication, containment, or abandonment of control. Representing the rate of species spread as stochastic rather than deterministic results in less‐intensive control becoming optimal at equilibrium. The optimal strategy may switch from eradication to containment or from containment to abandonment. If an infestation occurs at the boundary of the region within which it may spread, it is more likely to be optimal to eradicate or contain the species, compared to an infestation in the interior of the region. If the effectiveness of border control is stochastic, then containment is not feasible in the long term, but it is still optimal as a temporary measure in some scenarios.
- Is Part Of:
- American journal of agricultural economics. Volume 99:Number 1(2017)
- Journal:
- American journal of agricultural economics
- Issue:
- Volume 99:Number 1(2017)
- Issue Display:
- Volume 99, Issue 1 (2017)
- Year:
- 2017
- Volume:
- 99
- Issue:
- 1
- Issue Sort Value:
- 2017-0099-0001-0000
- Page Start:
- 123
- Page End:
- 139
- Publication Date:
- 2016-06-20
- Subjects:
- Dynamics -- invasive species -- optimal control -- spatially explicit -- stochastic
Agriculture -- Economic aspects -- Periodicals
Agriculture -- Periodicals
338.105 - Journal URLs:
- http://ajae.oxfordjournals.org/ ↗
https://academic.oup.com/ajae ↗
https://onlinelibrary.wiley.com/journal/14678276 ↗
http://ukcatalogue.oup.com/ ↗ - DOI:
- 10.1093/ajae/aaw043 ↗
- Languages:
- English
- ISSNs:
- 0002-9092
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 0820.950000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 17206.xml