Invasive Species and Delaying the Inevitable: Results from a Pilot Valuation Experiment

Herein we explore the economic value of delaying inevitable environmental damage due to aquatic invasive species, which is a problem especially relevant to tropic and subtropical regions. We developed an analytical framework and tested it using a stated preference survey. The results suggest that delaying the impacts can be valuable. Other tests reveal characteristics of the willingness-to-pay estimates that are consistent with economic theory.

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Year of publication:	2007
Authors:	McIntosh, Christopher R. ; Shogren, Jason F. ; Finnoff, David C.
Published in:	Journal of Agricultural and Applied Economics. - Southern Agricultural Economics Association - SAEA. - Vol. 39.2007, October
Publisher:	Southern Agricultural Economics Association - SAEA
Subject:	environmental damage \| invasive aquatic species \| nonmarket valuation

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005801912