Economic analysis of biological invasions in forests

Thomas P. Holmes, Juliann Aukema, Jeffrey Englin, Robert G. Haight, Kent Kovacs, Brian Leung

Research output: Chapter in Book/Report/Conference proceedingChapter

5 Citations (Scopus)

Abstract

Biological invasions of native forests by nonnative pests result from complex stochastic processes that are difficult to predict. Although economic optimization models describe efficient controls across the stages of an invasion, the ability to calibrate such models is constrained by lack of information on pest population dynamics and consequent economic damages. Here we describe economic approaches for analyzing pre-invasion and post-invasion management of biological invasions under conditions of risk and uncertainty and emphasize the need for new microeconomic and aggregate studies of economic damages across gradients of forest types and ownerships.

Original languageEnglish (US)
Title of host publicationHandbook of Forest Resource Economics
PublisherTaylor and Francis
Pages369-386
Number of pages18
ISBN (Print)9780203105290, 9780415623247
DOIs
StatePublished - Jan 1 2014

Fingerprint

biological invasion
Economic analysis
economic analysis
Economics
economics
Stochastic Processes
Economic Models
Ownership
Population Dynamics
microeconomics
pests
forest ownership
Population dynamics
damage
Uncertainty
stochastic processes
stochasticity
Random processes
forest types
ownership

Keywords

  • Biosecurity
  • Nonmarket values
  • Optimization
  • Risk
  • Timber
  • Uncertainty

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)
  • Engineering(all)
  • Environmental Science(all)
  • Business, Management and Accounting(all)
  • Agricultural and Biological Sciences(all)

Cite this

Holmes, T. P., Aukema, J., Englin, J., Haight, R. G., Kovacs, K., & Leung, B. (2014). Economic analysis of biological invasions in forests. In Handbook of Forest Resource Economics (pp. 369-386). Taylor and Francis. https://doi.org/10.4324/9780203105290

Economic analysis of biological invasions in forests. / Holmes, Thomas P.; Aukema, Juliann; Englin, Jeffrey; Haight, Robert G.; Kovacs, Kent; Leung, Brian.

Handbook of Forest Resource Economics. Taylor and Francis, 2014. p. 369-386.

Research output: Chapter in Book/Report/Conference proceedingChapter

Holmes, TP, Aukema, J, Englin, J, Haight, RG, Kovacs, K & Leung, B 2014, Economic analysis of biological invasions in forests. in Handbook of Forest Resource Economics. Taylor and Francis, pp. 369-386. https://doi.org/10.4324/9780203105290
Holmes TP, Aukema J, Englin J, Haight RG, Kovacs K, Leung B. Economic analysis of biological invasions in forests. In Handbook of Forest Resource Economics. Taylor and Francis. 2014. p. 369-386 https://doi.org/10.4324/9780203105290
Holmes, Thomas P. ; Aukema, Juliann ; Englin, Jeffrey ; Haight, Robert G. ; Kovacs, Kent ; Leung, Brian. / Economic analysis of biological invasions in forests. Handbook of Forest Resource Economics. Taylor and Francis, 2014. pp. 369-386
@inbook{e4b4a18307ab45f4bd568803b2f9293b,
title = "Economic analysis of biological invasions in forests",
abstract = "Biological invasions of native forests by nonnative pests result from complex stochastic processes that are difficult to predict. Although economic optimization models describe efficient controls across the stages of an invasion, the ability to calibrate such models is constrained by lack of information on pest population dynamics and consequent economic damages. Here we describe economic approaches for analyzing pre-invasion and post-invasion management of biological invasions under conditions of risk and uncertainty and emphasize the need for new microeconomic and aggregate studies of economic damages across gradients of forest types and ownerships.",
keywords = "Biosecurity, Nonmarket values, Optimization, Risk, Timber, Uncertainty",
author = "Holmes, {Thomas P.} and Juliann Aukema and Jeffrey Englin and Haight, {Robert G.} and Kent Kovacs and Brian Leung",
year = "2014",
month = "1",
day = "1",
doi = "10.4324/9780203105290",
language = "English (US)",
isbn = "9780203105290",
pages = "369--386",
booktitle = "Handbook of Forest Resource Economics",
publisher = "Taylor and Francis",

}

TY - CHAP

T1 - Economic analysis of biological invasions in forests

AU - Holmes, Thomas P.

AU - Aukema, Juliann

AU - Englin, Jeffrey

AU - Haight, Robert G.

AU - Kovacs, Kent

AU - Leung, Brian

PY - 2014/1/1

Y1 - 2014/1/1

N2 - Biological invasions of native forests by nonnative pests result from complex stochastic processes that are difficult to predict. Although economic optimization models describe efficient controls across the stages of an invasion, the ability to calibrate such models is constrained by lack of information on pest population dynamics and consequent economic damages. Here we describe economic approaches for analyzing pre-invasion and post-invasion management of biological invasions under conditions of risk and uncertainty and emphasize the need for new microeconomic and aggregate studies of economic damages across gradients of forest types and ownerships.

AB - Biological invasions of native forests by nonnative pests result from complex stochastic processes that are difficult to predict. Although economic optimization models describe efficient controls across the stages of an invasion, the ability to calibrate such models is constrained by lack of information on pest population dynamics and consequent economic damages. Here we describe economic approaches for analyzing pre-invasion and post-invasion management of biological invasions under conditions of risk and uncertainty and emphasize the need for new microeconomic and aggregate studies of economic damages across gradients of forest types and ownerships.

KW - Biosecurity

KW - Nonmarket values

KW - Optimization

KW - Risk

KW - Timber

KW - Uncertainty

UR - http://www.scopus.com/inward/record.url?scp=84956761462&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=84956761462&partnerID=8YFLogxK

U2 - 10.4324/9780203105290

DO - 10.4324/9780203105290

M3 - Chapter

AN - SCOPUS:84956761462

SN - 9780203105290

SN - 9780415623247

SP - 369

EP - 386

BT - Handbook of Forest Resource Economics

PB - Taylor and Francis

ER -