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Recently, Batabyal et al. (2005) have used a queuing model to show that there is a tension between economic cost minimization and inspection stringency in invasive species management in the following sense: Greater (lesser) inspection stringency with a larger (smaller) number of inspectors leads...
Persistent link: https://www.econbiz.de/10014026069
Recently, Batabyal et al. (2005) have used a queuing model to show that there is a tension between economic cost minimization and inspection stringency in invasive species management in the following sense: Greater (lesser) inspection stringency with a larger (smaller) number of inspectors leads...
Persistent link: https://www.econbiz.de/10014027502
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Orchards are vulnerable to the damaging effects of attacks by invasive species. Therefore, in this paper, we focus on a representative tree in a stylized orchard and show how the theory of discrete time Markov chains can be used to construct a model of this tree that is to be managed in the...
Persistent link: https://www.econbiz.de/10014045858
Orchards are vulnerable to the damaging effects of attacks by invasive species. Therefore, in this paper, we focus on a representative tree in a stylized orchard and show how the theory of discrete time Markov chains can be used to construct a model of this tree that is to be managed in the...
Persistent link: https://www.econbiz.de/10014046252
The extant literature tells us that a seaport inspector who places a large (small) weight on biological invasion damage control relative to economic cost reduction will, ceteris paribus, inspect ships with containers more (less) stringently. Therefore, in this theoretical note we analyze the...
Persistent link: https://www.econbiz.de/10014047338
We propose a research agenda for studying six basic questions about the impacts of alternate international invasive species control mechanisms on economic agents in a nation such as the USA. The six questions are as follows. First, when can one justify a trade ban as an effective regulatory...
Persistent link: https://www.econbiz.de/10014048105