Burnett, Kimberly; Roumasset, James; Tsur, Yacov - Department of Economics, University of Hawaii-Manoa - 2007
level.
JEL Classification: Q20, Q28, Q54, Q57
Keywords: catastrophe, hazard function, invasive species, Brown Tree Snake … governed by a hazard
function, which is the probability that the invasion will occur given that it has not yet occurred … an exotic plant species into a region. The risk associated with
invasion is modeled using a probabilistic hazard function …