The Economics of Controlling a Stochastic Biological Invasion

By Lars J. Olson, Santanu Roy. 2002

197 citations recorded by the source corpus.

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Optimal detection and control strategies for invasive species management (2007, background): “Several papers have shown that eradication is viable for small or isolated populations (Sharov and Liebhold, 1998; Olson and Roy, 2002; Liebhold and Bascompte, 2003).”
The Economics of Terrestrial Invasive Species: A Review of the Literature (2006, background): “Olson and Roy (2002) examine the economics of controlling a biological invasion whose natural growth and spread is nonconvex and subject to environmental disturbances.”
Avoiding invasives: trade-related policies for controlling unintentional exotic species introductions☆ (2004, background): “Olson and Roy [15] show that optimal eradication efforts hinge critically on both biological (population size and growth rate) and economic (control costs and damage) variables.”
Economics of Harmful Invasive Species: A Review (2014, background): “Several studies account for uncertainty when investigating the optimal choice of prevention, control, and adaptation [24,48,64–72].”
Economics of invasive species policy and management (2017, background): “Specific objectives can include choosing the level of treatment to minimize the sum of costs of treatment and damages from the invader (Olson and Roy 2002; Eiswerth and Johnson 2002; Finnoff et al. 2010b; Epanchin-Niell and Wilen 2012) or to maximize the flow of future benefits from control efforts ”