Safety in Numbers: Cost-effective Endangered Species Management for Viable Populations.
We develop a bioeconomic model to identify the cost-effective control of an invasive species (rainbow trout) to achieve a population viability goal for an endangered species (humpback chub) in the Grand Canyon of the U.S. Southwest. Solving the population viability problem is difficult since avoidin...
| Publicado en: | Land Economics Vol. 95; no. 3; pp. 435 - 454 |
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| Autores principales: | , , , |
| Formato: | Artículo |
| Publicado: |
University of Wisconsin Press
Aug2019
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| Sumario: | We develop a bioeconomic model to identify the cost-effective control of an invasive species (rainbow trout) to achieve a population viability goal for an endangered species (humpback chub) in the Grand Canyon of the U.S. Southwest. Solving the population viability problem is difficult since avoiding a threshold with a given confidence imposes a probabilistic restriction on joint outcomes (survival) over many periods. We develop a novel dynamic programming solution approach that is fast and forgoes the simulation method requirement of imposing structure on the policy function. We also investigate an adaptive management model that incorporates learning about uncertain biological dynamics. (JEL Q22, Q57) |
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