Optimal renewable resource management in the presence of endogenous risk of invasion

Ram Ranjan, Elizabeth Marshall, James Samuel Shortle

Research output: Contribution to journalArticle

10 Citations (Scopus)

Abstract

In this paper we examine the optimal management of a renewable resource that is at risk from alien species invasion. The objective of this paper is to derive implications for optimal management of a resource when options exist for both preventing the arrival of an invasive species and mitigating the impact of that arrival. Uncertainty about the timing and nature of an invasion can have important implications for the choice of management strategy, and a key feature of this analysis is an explicit treatment of that uncertainty.

Original languageEnglish (US)
Pages (from-to)273-283
Number of pages11
JournalJournal of Environmental Management
Volume89
Issue number4
DOIs
StatePublished - Dec 1 2008

Fingerprint

renewable resource
resource management
introduced species
invasive species
resource
Uncertainty

All Science Journal Classification (ASJC) codes

  • Environmental Science(all)
  • Management, Monitoring, Policy and Law

Cite this

@article{26b7a3aa2ea64a4a8df2ac6f20a3c8cd,
title = "Optimal renewable resource management in the presence of endogenous risk of invasion",
abstract = "In this paper we examine the optimal management of a renewable resource that is at risk from alien species invasion. The objective of this paper is to derive implications for optimal management of a resource when options exist for both preventing the arrival of an invasive species and mitigating the impact of that arrival. Uncertainty about the timing and nature of an invasion can have important implications for the choice of management strategy, and a key feature of this analysis is an explicit treatment of that uncertainty.",
author = "Ram Ranjan and Elizabeth Marshall and Shortle, {James Samuel}",
year = "2008",
month = "12",
day = "1",
doi = "10.1016/j.jenvman.2007.05.022",
language = "English (US)",
volume = "89",
pages = "273--283",
journal = "Journal of Environmental Management",
issn = "0301-4797",
publisher = "Academic Press Inc.",
number = "4",

}

Optimal renewable resource management in the presence of endogenous risk of invasion. / Ranjan, Ram; Marshall, Elizabeth; Shortle, James Samuel.

In: Journal of Environmental Management, Vol. 89, No. 4, 01.12.2008, p. 273-283.

Research output: Contribution to journalArticle

TY - JOUR

T1 - Optimal renewable resource management in the presence of endogenous risk of invasion

AU - Ranjan, Ram

AU - Marshall, Elizabeth

AU - Shortle, James Samuel

PY - 2008/12/1

Y1 - 2008/12/1

N2 - In this paper we examine the optimal management of a renewable resource that is at risk from alien species invasion. The objective of this paper is to derive implications for optimal management of a resource when options exist for both preventing the arrival of an invasive species and mitigating the impact of that arrival. Uncertainty about the timing and nature of an invasion can have important implications for the choice of management strategy, and a key feature of this analysis is an explicit treatment of that uncertainty.

AB - In this paper we examine the optimal management of a renewable resource that is at risk from alien species invasion. The objective of this paper is to derive implications for optimal management of a resource when options exist for both preventing the arrival of an invasive species and mitigating the impact of that arrival. Uncertainty about the timing and nature of an invasion can have important implications for the choice of management strategy, and a key feature of this analysis is an explicit treatment of that uncertainty.

UR - http://www.scopus.com/inward/record.url?scp=50949107532&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=50949107532&partnerID=8YFLogxK

U2 - 10.1016/j.jenvman.2007.05.022

DO - 10.1016/j.jenvman.2007.05.022

M3 - Article

VL - 89

SP - 273

EP - 283

JO - Journal of Environmental Management

JF - Journal of Environmental Management

SN - 0301-4797

IS - 4

ER -