Arbeitspapier

Optimal Resource Management in the Presence of a Deleterious Alien Species

Various plants and resources such as orchards are vulnerable to the detrimental effects of successful invasions by alien animal or plant species. To outline an appropriate policy response, we first use renewal theory to construct a stochastic model of optimal orchard management in the presence of a deleterious alien species. Next, we derive the orchard manager’s long run expected cost (LREC) of orchard management per unit time. Finally, we show that when confronted with a successful biological invasion, the optimal number of trees that need to be removed and replanted in order to keep the orchard under study sustainable in the long run minimizes the LREC function mentioned above.

Language
Englisch

Bibliographic citation
Series: Tinbergen Institute Discussion Paper ; No. 07-085/3

Classification
Wirtschaft
Renewable Resources and Conservation: Land
Operations Research; Statistical Decision Theory
Subject
Alien Species
Long Run Expected Cost
Orchard Management
Uncertainty
Obstbau
Schädling
Mathematische Optimierung
Pflanzenschutz
Stochastischer Prozess

Event
Geistige Schöpfung
(who)
Batabyal, Amitrajeet A.
Nijkamp, Peter
Event
Veröffentlichung
(who)
Tinbergen Institute
(where)
Amsterdam and Rotterdam
(when)
2007

Handle
Last update
20.09.2024, 8:22 AM CEST

Data provider

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Object type

  • Arbeitspapier

Associated

  • Batabyal, Amitrajeet A.
  • Nijkamp, Peter
  • Tinbergen Institute

Time of origin

  • 2007

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