Economics of invasive species policy and management

Biological Invasions

Volumn 19, Issue 11, 2017, Pages 3333-3354

  Epanchin Niell, Rebecca S ^a  

^a RESOURCES FOR THE FUTURE   (United States)

Author keywords

Bioeconomics; Cost efficiency; Forest biosecurity; Policy design; Prevention and control

Indexed keywords

BIODIVERSITY; BIOLOGICAL INVASION; BIOSAFETY; COST ANALYSIS; DECISION MAKING; ECOLOGICAL ECONOMICS; ECONOMIC ANALYSIS; ECOSYSTEM SERVICE; ENVIRONMENTAL MANAGEMENT; ENVIRONMENTAL MONITORING; ENVIRONMENTAL POLICY; ENVIRONMENTAL RESTORATION; FOREST MANAGEMENT; FOREST RESOURCE; INVASIVE SPECIES; MANAGEMENT PRACTICE; POLICY APPROACH; PROJECT DESIGN;

EID: 85015683429     PISSN: 13873547     EISSN: 15731464     Source Type: Journal    
DOI: 10.1007/s10530-017-1406-4     Document Type: Article

References (155)

1. Aadland D, Sims C, Finnoff D (2015) Spatial dynamics of optimal management in bioeconomic systems. Comput Econ 45(4):545–577
2. Acquaye AK, Alston JM, Lee H, Sumner DA (2005) Economic consequences of invasive species policies in the presence of commodity programs: theory and application to citrus canker. Appl Econ Perspect Policy 27(3):498–504
3. Ameden HA, Cash SB, Zilberman D (2007) Border enforcement and firm response in the management of invasive species. J Agric Appl Econ 39:35–36
4. Ameden HA, Boxall PC, Cash SB, Vickers DA (2009) An agent-based model of border enforcement for invasive species management. Can J Agric Econ 57(4):481–496
5. Andersen MC, Adams H, Hope B, Powell M (2004) Risk assessment for invasive species. Risk Anal 24(4):787–793
6. Baker CM (2016) Target the source: optimal spatiotemporal resource allocation for invasive species control. Conserv Lett. doi:10.1111/conl.12236
7. Baker CM, Bode M (2016) Placing invasive species management in a spatiotemporal context. Ecol Appl 26(3):712–725
8. Barbier EB, Shogren JF (2004) Growth with endogenous risk of biological invasion. Econ Inq 42:587–601
9. Bekkerman A, Piggott NE, Goodwin BK, Jefferson-Moore K (2012) A market-based mitigation program for wind-borne diseases. Agric Resour Econ Rev 41(2):175
10. Ben-Haim Y (2006) Information-gap decision theory: decisions under severe uncertainty. Academic Press, Oxford
11. Berec L, Kean JM, Epanchin-Niell R, Liebhold AM, Haight RG (2015) Designing efficient surveys: spatial arrangement of sample points for detection of invasive species. Biol Invasions 17(1):445–459
12. Bhat MG, Huffaker RG (2007) Management of a transboundary wildlife population: a self-enforcing cooperative agreement with renegotiation and variable transfer payments. J Environ Econ Manag 53(1):54–67
13. Bhat MG, Huffaker RG, Lenhart SM (1996) Controlling transboundary wildlife damage: modeling under alternative management scenarios. Ecol Model 92(2):215–224
14. Blackwood JC, Berec L, Yamanaka T et al (2012) Bioeconomic synergy between tactics for insect eradication in the presence of Allee effects. Proc R Soc B Biol Sci 279:2807–2815
15. Bogich TL, Liebhold AM, Shea K (2008) To sample or eradicate? A cost minimization model for monitoring and managing an invasive species. J Appl Ecol 45(4):1134–1142
16. Born W, Rauschmayer F, Bräuer I (2005) Economic evaluation of biological invasions: a survey. Ecol Econ 55:321–336
17. Boyd J, Epanchin-Niell R, Siikamäki J (2015) Conservation planning: a review of return on investment analysis. Rev Environ Econ Policy 9:23–42
18. Burgman MA, Wintle BA, Thompson CA, Moilanen A, Runge MC, Ben-Haim Y (2010) Reconciling uncertain costs and benefits in Bayes nets for invasive species management. Risk Anal 30(2):277–284
19. Burnett K, Kaiser B, Roumasset J (2007) Invasive species control over space and time: Miconia calvescens on Oahu, Hawaii. J Agric Appl Econ 39:125
20. Burnett KM, D’Evelyn S, Kaiser BA, Nantamanasikarn P, Roumasset JA (2008) Beyond the lamppost: optimal prevention and control of the brown tree snake in Hawaii. Ecol Econ 67:66–74
21. Büyüktahtakın İE, Feng Z, Frisvold G, Szidarovszky F (2013) Invasive species control based on a cooperative game. Appl Math 4(10):54
22. Cacho OJ, Hester SM (2011) Deriving efficient frontiers for effort allocation in the management of invasive species. Aust J Agric Resour Econ 55:72–89
23. Cacho OJ, Spring D, Hester S et al (2010) Allocating surveillance effort in the management of invasive species: a spatially-explicit model. Environ Modell Softw 25:444–454
24. Caplat P, Hui C, Maxwell BD, Peltzer DA (2014) Cross-scale management strategies for optimal control of trees invading from source plantations. Biol Invasions 16(3):677–690
25. Carrasco L, Baker R, Macleod A et al (2010a) Optimal and robust control of invasive alien species spreading in homogeneous landscapes. J R Soc Interface 7(44):529–540
26. Carrasco L, Mumford J, MacLeod A, Knight J, Baker R (2010b) Comprehensive bioeconomic modelling of multiple harmful non-indigenous species. Ecol Econ 69:1303–1312
27. Chadès I, Martin TG, Nicol S et al (2011) General rules for managing and surveying networks of pests, diseases, and endangered species. Proc Natl Acad Sci USA 108:8323–8328
28. Chen C, Epanchin-Niell R, Haight RG (under review) Optimal inspection of imports to prevent invasive pest introduction. Risk Anal
29. Costello C, McAusland C (2003) Protectionism, trade, and measures of damage from exotic species introductions. Am J Agric Econ 85:964–975
30. D’Evelyn ST, Tarui N, Burnett K et al (2008) Learning-by-catching: uncertain invasive-species populations and the value of information. J Environ Manag 89:284–292
31. Donlan CJ, Luque GM, Wilcox C (2015) Maximizing return on investment for island restoration and species conservation. Conserv Lett 8:171–179
32. Eiswerth ME, Johnson WS (2002) Managing nonindigenous invasive species: insights from dynamic analysis. Environ Resour Econ 23:319–342
33. Eiswerth ME, van Kooten GC (2002) Uncertainty, economics, and the spread of an invasive plant species. Am J Agric Econ 84:1317–1322
34. Eiswerth ME, van Kooten GC (2007) Dynamic programming and learning models for management of a nonnative species. Can J Agric Econ 55:485–498
35. Eiswerth M, Epanchin-Niell R, Rollins K, Taylor MH (2016) Economic modeling and the management of exotic annual Bromus species: accounting for ecosystem dynamics, ecological thresholds, and spatial interdependencies. In: Germino MJ, Chambers JC, Brown CS (eds) Exotic brome-grasses in arid and semiarid ecosystems of the western US. Springer, Cham, pp 429–456
36. Epanchin-Niell RS, Hastings A (2010) Controlling established invaders: integrating economics and spread dynamics to determine optimal management. Ecol Lett 13:528–541
37. Epanchin-Niell R, Liebhold AM (2015) Benefits of invasion prevention: effect of time lags, spread rates, and damage persistence. Ecol Econ 116:143–146
38. Epanchin-Niell RS, Wilen JE (2012) Optimal spatial control of biological invasions. J Environ Econ Manag 63:260–270
39. Epanchin-Niell RS, Wilen JE (2015) Individual and cooperative management of invasive species in human-mediated landscapes. Am J Agric Econ 97(1):180–198
40. Epanchin-Niell R, Hufford M, Aslan C, Sexton J, Port J, Waring T (2010) Controlling invasive species in complex social landscapes. Front Ecol Environ 8(4):210–216
41. Epanchin-Niell RS, Haight RG, Berec L et al (2012) Optimal surveillance and eradication of invasive species in heterogeneous landscapes. Ecol Lett 15:803–812
42. Epanchin-Niell RS, Brockerhoff EG, Kean JM et al (2014) Designing cost-efficient surveillance for early detection and control of multiple biological invaders. Ecol Appl 24:1258–1274
43. Fenichel EP, Richards TJ, Shanafelt DW (2014) The control of invasive species on private property with neighbor-to-neighbor spillovers. Environ Resour Econ 59(2):231–255
44. Fernandez L (2011) Economic incentives to prevent aquatic invasive species in wetlands. Can J Agric Econ 59:281–293
45. Fernandez L, Sheriff G (2013) Optimal border policies for invasive species under asymmetric information. Environ Resour Econ 56(1):27–45
46. Fiege M (2005) The weedy West: mobile nature, boundaries, and common space in the Montana landscape. Western Hist Q 36(1):22–47
47. Finnoff D, Shogren JF, Leung B et al (2005) Risk and nonindigenous species management. Rev Agric Econ 27:475–482
48. Finnoff D, Shogren J, Leung B, Lodge D (2007) Take a risk: preferring prevention over control of biological invaders. Ecol Econ 62:216–222
49. Finnoff D, McIntosh C, Shogren JF, Sims C, Warziniack T (2010a) Invasive species and endogenous risk. Annu Rev Resour Econ 2(1):77–100
50. Finnoff D, Potapov A, Lewis MA (2010b) Control and the management of a spreading invader. Resour Energy Econ 32:534–550
51. Goodwin BK, Piggott NE (2009) Spatiotemporal modeling of Asian citrus canker risks: implications for insurance and indemnification fund models. Am J Agric Econ 91(4):1038–1055
52. Gren I-M (2008) Economics of alien invasive species management-choices of targets and policies. Boreal Environ Res 13:17–32
53. Grimsrud KM, Chermak JM, Hansen J et al (2008) A two-agent dynamic model with an invasive weed diffusion externality: an application to yellow starthistle (Centaurea solstitialis L.) in New Mexico. J Environ Manag 89:322–335
54. Haight RG, Polasky S (2010) Optimal control of an invasive species with imperfect information about the level of infestation. Resour Energy Econ 32(4):519–533
55. Haight RG, Homans FR, Horie T, Mehta SV, Smith DJ, Venette RC (2011) Assessing the cost of an invasive forest pathogen: a case study with oak wilt. Environ Manag 47:506–517
56. Hauser C, McCarthy M (2009) Streamlining “search and destroy”: cost-effective surveillance for invasive species management. Ecol Lett 12:683–692
57. Heberlein TA (2012) Navigating environmental attitudes. Conserv Biol 26(4):583–585
58. Hershdorfer ME, Fernandez-Gimenez ME, Howery LD (2007) Key attributes influence the performance of local weed management programs in the southwest United States. Rangel Ecol Manag 60:225–234
59. Hester SM, Cacho OJ (2017) The contribution of passive surveillance to invasive species management. Biol Invasions 19(3):737–748
60. Holden MH, Nyrop JP, Ellner SP (2016) The economic benefit of time-varying surveillance effort for invasive species management. J Appl Ecol 53:712–721
61. Holmes TP, Aukema JE, Von Holle B et al (2009) Economic impacts of invasive species in forests. Ann NY Acad Sci 1162:18–38
62. Holmes TP, Aukema J, Englin J et al (2014) Economic analysis of biological invasions in forests. In: Kant S, Alavalapati J (eds) Handbook of forest resource economics. Earthscan (Routledge), New York, pp 369–386
63. Homans F, Horie T (2011) Optimal detection strategies for an established invasive pest. Ecol Econ 70:1129–1138
64. Horan RD, Lupi F (2005) Tradeable risk permits to prevent future introductions of invasive alien species into the Great Lakes. Ecol Econ 52(3):289–304
65. Horan RD, Perrings C, Lupi F, Bulte E (2002) Biological pollution prevention strategies under ignorance: the case of invasive species. Am J Agric Econ 84:1303–1310
66. Horie T, Haight RG, Homans FR et al (2013) Optimal strategies for the surveillance and control of forest pathogens: a case study with oak wilt. Ecol Econ 86:78–85
67. Hulme PE (2006) Beyond control: wider implications for the management of biological invasions. J Appl Ecol 43:835–847
68. Hulme PE (2009) Trade, transport and trouble: managing invasive species pathways in an era of globalization. J Appl Ecol 46(1):10–18
69. Hulme PE (2012) Weed risk assessment: a way forward or a waste of time? J Appl Ecol 49:10–19
70. Jones KR, Corona JP (2008) An ambient tax approach to invasive species. Ecol Econ 64(3):534–541
71. Jones RE, Vere DT, Campbell MH (2000) The external costs of pasture weed spread: an economic assessment of serrated tussock control. Agric Econ 22(1):91–103
72. Kaiser BA, Burnett KM (2010) Spatial economic analysis of early detection and rapid response strategies for an invasive species. Resour Energy Econ 32:566–585
73. Keller RB, Lodge DM, Finnoff DC (2007) Risk assessment for invasive species produces net bioeconomic benefits. Natl Acad Sci USA 104:203–207
74. Kim CS, Lubowski RN, Lewandrowski J, Eiswerth ME (2006) Prevention or control: optimal government policies for invasive species management. Agric Resour Econ Rev 35:29–40
75. Kizlinski ML, Orwig DA, Cobb RC et al (2002) Direct and indirect ecosystem consequences of an invasive pest on forests dominated by eastern hemlock. J Biogeogr 29:1489–1503
76. Knowler D, Barbier E (2005) Importing exotic plants and the risk of invasion: are market-based instruments adequate? Ecol Econ 52(3):341–354
77. Kovacs KF, Haight RG, McCullough DG, Mercader RJ, Siegert NW, Liebhold AM (2010) Cost of potential emerald ash borer damage in US communities, 2009–2019. Ecol Econ 69(3):569–578
78. Kovacs K, Václavík T, Haight RG, Pang A, Cunniffe NJ, Gilligan CA, Meentemeyer RK (2011a) Predicting the economic costs and property value losses attributed to sudden oak death damage in California (2010–2020). J Environ Manag 92:1292–1302
79. Kovacs KF, Mercader RJ, Haight RG, Siegert NW, McCullough DG, Liebhold AM (2011b) The influence of satellite populations of emerald ash borer on projected economic damage in U.S. communities, 2010–2020. J Environ Manag 92:2170–2181
80. Kovacs KF, Haight RG, Mercader RJ, McCullough DG (2014) A bioeconomic analysis of an emerald ash borer invasion of an urban forest with multiple jurisdictions. Resour Energy Econ 36(1):270–289
81. Kroetz K, Sanchirico JN (2015) The bioeconomics of spatial-dynamic systems in natural resource management. Annu Rev Resour Econ 7:189–207
82. Leung B, Lodge DM, Finnoff D, Shogren JF, Lewis MA, Lamberti G (2002) An ounce of prevention or a pound of cure: bioeconomic risk analysis of invasive species. Proc Roy Soc B-Biol Sci 269:2407–2413
83. Leung B, Finnoff D, Shogren JF, Lodge D (2005) Managing invasive species: rules of thumb for rapid assessment. Ecol Econ 55:24–36
84. Leung B, Roura-Pascual N, Bacher S, Heikkilä J, Brotons L, Burgman MA, Dehnen-Schmutz K, Essl E, Hulme PE, Richardson DM, Sol D, Vilà M (2012) TEASIng apart alien-species risk assessments: a framework for best practices. Ecol Lett 15:1475–1493
85. Leung B, Springborn MR, Turner JA et al (2014) Pathway-level risk analysis: the net present value of an invasive species policy in the US. Front Ecol Environ 12:273–279
86. Liebhold AM, Brockerhoff EG, Garrett LJ et al (2012) Live plant imports: the major pathway for forest insect and pathogen invasions of the US. Front Ecol Environ 10:135–143
87. Liebhold AM, Berec L, Brockerhoff EG, Epanchin-Niell RS, Hastings A, Herms DA, Kean JM, McCullough DG, Suckling DM, Tobin PC, Yamanaka T (2016) Eradication of invading insect populations: from concepts to applications. Annu Rev Entomol 61:335–352
88. Lieli RP, Springborn M (2012) Closing the gap between risk estimation and decision making: efficient management of trade-related invasive species risk. Rev Econ Stat 95:632–645
89. Liu Y, Sims C (2016) Spatial-dynamic externalities and coordination in invasive species control. Resour Energy Econ 44:23–38
90. Lodge DM, Williams S, MacIsaac HJ, Hayes KR, Leung B, Reichard S, Mack RN, Moyle PB, Smith M, Andow DA, Carlton JT (2006) Biological invasions: recommendations for US policy and management. Ecol Appl 16(6):2035–2054
91. Lovett GM, Weiss M, Liebhold AM, Holmes TP, Leung B, Lambert KF, Orwig DA, Campbell FT, Rosenthal J, McCullough DG, Wildova R, Ayres MP, Canham CD, Foster DR, LaDeau SL, Weldy T (2016) Nonnative forest insects and pathogens in the United States: impacts and policy options. Ecol Appl 26:1437–1455
92. Maguire LA (2004) What can decision analysis do for invasive species management? Risk Anal 24(4):859–868
93. Marbuah G, Gren I-M, McKie B (2014) Economics of harmful invasive species: a review. Diversity 6:500–523
94. Margolis M, Shogren JF, Fischer C (2005) How trade politics affect invasive species control. Ecol Econ 52:305–313
95. Marten AL, Moore CC (2011) An options based bioeconomic model for biological and chemical control of invasive species. Ecol Econ 70(11):2050–2061
96. McAusland C, Costello C (2004) Avoiding invasives: trade-related policies for controlling unintentional exotic species introductions. J Environ Econ Manag 48:954–977
97. McDermott S (2015) Optimal regulation of invasive species long-range spread: a general equilibrium approach. BE J Econ Anal Poli 15(4):1731–1752
98. McDermott SM, Irwin RE, Taylor BW (2013) Using economic instruments to develop effective management of invasive species: insights from a bioeconomic model. Ecol Appl 23(5):1086–1100
99. McKenzie-Mohr D (2013) Fostering sustainable behavior: an introduction to community-based social marketing. New Society Publishers, Gabriola Island
100. Mehta SV, Haight RG, Homans FR et al (2007) Optimal detection and control strategies for invasive species management. Ecol Econ 61:237–245
101. Mehta SV, Haight RG, Homans FR (2010) Decisionmaking under risk in invasive species management: risk management theory and applications. In: Pye JM, Rauscher HM, Sands Y, Lee DC, Beatty JS (tech eds) Advances in threat assessment and their application to forest and rangeland management. Gen. Tech. Rep. PNW-GTR-802. US Department of Agriculture, Forest Service, Pacific Northwest and Southern Research Stations, Portland, Oregon, pp 445–468
102. Mérel PR, Carter CA (2008) A second look at managing import risk from invasive species. J Environ Econ Manag 56:286–290
103. Moffitt J, Osteen C (2006) Prioritizing invasive species: threats under uncertainty. Agric Resour Econ Rev 35:41–51
104. Moffitt LJ, Stranlund JK, Osteen CD (2008) Robust detection protocols for uncertain introductions of invasive species. J Environ Manag 89(4):293–299
105. Moore AL, McCarthy MA (2016) Optimizing ecological survey effort over space and time. Methods Ecol Evol 7(8):891–899
106. Moore JL, Rout TM, Hauser CE, Moro D, Jones M, Wilcox C, Possingham HP (2010) Protecting islands from pest invasion: optimal allocation of biosecurity resources between quarantine and surveillance. Biol Conserv 143:1068–1078
107. Moore JL, Runge MC, Webber BL et al (2011) Contain or eradicate? Optimizing the management goal for Australian acacia invasions in the face of uncertainty. Divers Distrib 17:1047–1059
108. Moser WK, Barnard EL, Billings RF, Crocker SJ, Dix ME, Gray AN, Ice GG, Kim MS, Reid R, Rodman SU, McWilliams WH (2009) Impacts of nonnative invasive species on US forests and recommendations for policy and management. J Forest 107(6):320–327
109. Murdoch W, Polasky S, Wilson KA et al (2007) Maximizing return on investment in conservation. Biol Conserv 139:375–388
110. Olson L (2006) The economics of terrestrial invasive species: a review of the literature. Agric Resour Econ Rev 35:178–194
111. Olson L, Roy S (2002) The economics of controlling a stochastic biological invasion. Am J Agric Econ 84:1311–1316
112. Olson L, Roy S (2005) On prevention and control of an uncertain biological invasion. Rev Agric Econ 27:491–497
113. Olson L, Roy S (2008) Controlling a biological invasion: a non-classical dynamic economic model. Econ Theory 36:453–469
114. Perrings C, Williamson M, Barbier EB, Delfino D, Dalmazzone S, Shogren J, Simmons P, Watkinson A (2002) Biological invasion risks and the public good: an economic perspective. Conserv Ecol 6(1):1
115. Polasky S (2010) A model of prevention, detection, and control for invasive species. In: Perrings C, Mooney H, Williamson M (eds) Bioinvasions and globalization. Oxford University Press, Oxford, pp 100–107
116. Polasky S, Carpenter SR, Folke C, Keeler B (2011) Decision-making under great uncertainty: environmental management in an era of global change. Trends Ecol Evol 26(8):398–404
117. Pyšek P, Lambdon PW, Arianoutsou M et al (2009) Alien vascular plants of Europe. Handbook of Alien Species in Europe. Springer, New York, pp 43–61
118. Regan HM, Ben-Haim Y, Langford B, Wilson WG, Lundberg P, Andelman SJ, Burgman MA (2005) Robust decision-making under severe uncertainty for conservation management. Ecol Appl 15(4):1471–1477
119. Regan TJ, McCarthy MA et al (2006) Optimal eradication: when to stop looking for an invasive plant. Ecol Lett 9(7):759–766
120. Regan TJ, Chadès I, Possingham HP (2011) Optimally managing under imperfect detection: a method for plant invasions. J Appl Ecol 48:76–85
121. Regev U, Gutierrez AP, Feder G (1976) Pests as a common property resource: a case study of alfalfa weevil control. Am J Agric Econ 58(2):186–197
122. Reichard SH, White P (2001) Horticulture as a pathway of invasive plant introductions in the United States. Bioscience 51(2):103–113
123. Richards TJ, Eaves J, Manfredo M, Naranjo SE, Chu C-C, Henneberry TJ (2008) Spatial-temporal model of insect growth, diffusion and derivative pricing. Am J Agric Econ 90(4):962–978
124. Richards TJ, Ellsworth P, Tronstad R, Naranjo S (2010) Market-based instruments for the optimal control of invasive insect species: B. tabaci in Arizona. J Agric Resour Econ 35(3):349–367
125. Roques A, Rabitsch W, Rasplus J-Y et al (2009) Alien terrestrial invertebrates of Europe. Handbook of Alien Species in Europe. Springer, New York, pp 63–79
126. Rosenberger RS, Bell LA, Champ PA et al (2012) Nonmarket economic values of forest insect pests: an updated literature review. Gen Tech Rep RMRS-GTR-275WWW. US Department of Agriculture, Forest Service, Rocky Mountain Research Station, Fort Collins, CO
127. Rout TM, Thompson CJ, McCarthy MA (2009) Robust decisions for declaring eradication of invasive species. J Appl Ecol 46(4):782–786
128. Rout TM, Moore JL, Possingham HP, McCarthy MA (2011) Allocating biosecurity resources between preventing, detecting, and eradicating island invasions. Ecol Econ 71:54–62
129. Rout TM, Moore JL, McCarthy MA (2014) Prevent, search or destroy? A partially observable model for invasive species management. J Appl Ecol 51:804–813
130. Sanchirico J, Albers H, Fischer C et al (2010) Spatial management of invasive species: pathways and policy options. Environ Resour Econ 45:517–535
131. Saphores J-D, Shogren J (2005) Managing exotic pests under uncertainty: optimal control actions and bioeconomic investigations. Ecol Econ 52:327–339
132. Schmidt JP, Springborn M, Drake JM (2012) Bioeconomic forecasting of invasive species by ecological syndrome. Ecosphere 3:1–19
133. Settle C, Shogren TD, Crocker JF (2002) On the joint determination of biological and economic systems. Ecol Econ 42:301–311
134. Sharov AA, Liebhold AM (1998) Bioeconomics of managing the spread of exotic pest species with barrier zones. Ecol Appl 8:833–845
135. Simberloff D (2011) How common are invasion-induced ecosystem impacts? Biol Invasions 13(5):1255–1268
136. Simberloff D, Parker IM, Windle PN (2005) Introduced species policy, management, and future research needs. Front Ecol Environ 3(1):12–20
137. Sims C (2011) Optimal timing of salvage harvest in response to a stochastic infestation. Nat Resour Model 24(3):383–408
138. Sims C, Finnoff D (2013) When is a “wait and see” approach to invasive species justified? Resour Energy Econ 35:235–255
139. Sims C, Finnoff D, Shogren JF (2016) Bioeconomics of invasive species: using real options theory to integrate ecology, economics, and risk management. Food Security 8:61–70
140. Springborn MR (2014) Risk aversion and adaptive management: insights from a multi-armed bandit model of invasive species risk. J Environ Econ Manag 68:226–242
141. Springborn M, Romagosa CM, Keller RP (2011) The value of nonindigenous species risk assessment in international trade. Ecol Econ 70:2145–2153
142. Springborn MR, Keller RP, Elwood S et al (2015) Integrating invasion and disease in the risk assessment of live bird trade. Divers Distrib 21:101–110
143. Springborn M, Lindsay AR, Epanchin-Niell RS (2016) Harnessing enforcement leverage at the border to minimize biological risk from international live species trade. J Econ Behav Org 132(B):98–112
144. Stohlgren TJ, Schnase JL (2006) Risk analysis for biological hazards: what we need to know about invasive species. Risk Anal 26(1):163–173
145. Surkov IV, Alfons GJM, Lansink O, Van der Werf W (2009) The optimal amount and allocation of sampling effort for plant health inspection. Eur Rev Agric Econ 36(3):295–320
146. Thomas MH, Randall A (2000) Intentional introductions of nonindigenous species: a principal-agent model and protocol for revocable decisions. Ecol Econ 34:333–345
147. Thompson CJ, Cannon RM, Burgman MA (2012) Surveillance for threatened and invasive species when uncertainty is severe. Divers Distrib 18(4):410–416
148. Tu AT, Beghin J, Gozlan E (2008) Tariff escalation and invasive species damages. Ecol Econ 67(4):619–629
149. Warziniack TW, Finnoff D, Shogren JF (2013) Public economics of hitchhiking species and tourism-based risk to ecosystem services. Resour Energy Econ 35(3):277–294
150. Wilen J (2007) Economics of spatial-dynamic processes. Am J Agric Econ 89:1134–1144
151. Wilson RS, Hardisty DJ, Epanchin-Niell RS, Runge MC, Cottingham KL, Urban DL, Maguire LA, Hasting AM, Mumby PJ, Peters DPC (2016) A typology of time-scale mismatches and behavioral interventions to diagnose and solve conservation problems. Conserv Biol 30(1):42–49
152. Wu J (2000) Optimal weed control under static and dynamic decision rules. Agric Econ 25(1):119–130
153. Yamamura K, Katsumata H, Yoshioka J, Yuda T, Kasugai K (2016) Sampling inspection to prevent the invasion of alien pests: statistical theory of import plant quarantine systems in Japan. Popul Ecol 58:63–80
154. Yemshanov D, Haight RG, Koch FH, Lu B, Venette R, Lyons DB, Scarr T, Ryall K, Leung B (2015) Optimal allocation of invasive species surveillance with the maximum expected coverage concept. Divers Distrib 21(11):1349–1359
155. Zavaleta E (2000) The economic value of controlling an invasive shrub. Ambio 29:462–467