Invasive species are significant threats to biodiversity, natural ecosystems and agriculture leading to large worldwide economic and environmental damage. Spread and control of invasive species are stochastic processes with important spatial dimensions. Most economic studies of invasive species...

Using renewable energy for domestic consumption has been identified as a key strategy by the Intergovernmental Panel on Climate Change to reduce greenhouse gas emissions. Critical to the success of this strategy is to know whether consumers are willing to pay to increase the proportion of...

Although there have been numerous studies on the economics of weed control, relatively few of these studies have focused on natural ecosystems. The aims of this papers are: A) to identify the combination of control options that is optimal for blackberry (Rubus anglocandicans) in Australian...

Weeds can cause significant problems to natural ecosystems. Although there have been numerous studies on the economics of weed control, relatively few of these studies have focused on natural ecosystems. This paper addresses this gap in the literature by assessing the cost-effectiveness of a...

This is a broad-ranging discussion of the role of economics and economists in the formation of government policies. The focus is on helping economists who wish to be influential in the policy process. The paper covers rationales for and against economist involvement in the policy process (market...

Lifestyle landowners value land for its amenities and ecological characteristics and could play an important role in managing and conserving native vegetation in multifunctional rural landscapes. We quantify values of ecosystem services captured by owners of rural lifestyle properties in...

Changing land-ownership patterns transform many rural landscapes from agricultural to multifunctional, which may have significant implications for land management and conservation policy. This paper presents a hedonic pricing model that quantifies the value of the remnant native vegetation...

Opportunity cost constitutes a substantial component of the costs of ecological restoration projects undertaken in agricultural landscapes. Private benefits generated by restored environmental assets are also important in determining the success of restoration projects. In this study, we compare...

The removal, alteration and fragmentation of habitat are key threats to the biodiversity of terrestrial ecosystems. Investment to protect biodiversity assets (e.g. restoration of native vegetation) in dominantly agricultural landscapes usually results in a loss of agricultural production. This...

The spatial pattern of landscape reconstruction makes a substantial difference to environmental outcomes. We develop a spatially explicit bio-economic model that optimises the reconstruction of a heavily cleared landscape through revegetation. The model determines the spatial priorities for...