Optimal Control for a Dispersing Biological Agent

Journal of Agricultural and Resource Economics · Volume 39, Issue 2, August 2014 · Pages 271–289

Cite
Share

Abstract

A bioeconomic model is developed to analyze the optimal control management strategies for an introduced herbivore in a two-compartment ecosystem. This paper analyzes cost-effective control strategies that decrease the spillover effects of the herbivore on endangered plant species, thereby reducing extinction pressure and increasing benefits. The optimal level of control is presented in different circumstances. The level of optimal control is high if the herbivore has a relatively low attack rate on the target species, the nontarget host has a high biodiversity value, or the costs of controlling the herbivore are low.

Article details

Issue
Volume 39, Issue 2
Published
August 2014
Pages
271–289
Full text
PDF on AgEcon Search

Explore authors

Each link lists that author’s articles in JARE.