Courts are often required to estimate changes in welfare to agricultural operations from catastrophic events. For example, courts must assign damages in lawsuits, such as with pesticide drift cases, or determine 'just compensation' when the government takes private land for public use, as with...

This study examines the impact of invasive plants on recreational activities on Floridas coastal, freshwater and upland natural areas using a multi-attribute utility (MAU) model. Six MAU surveys were electronically distributed to Florida residents in early 2007. We specified a conditional Logit...

Public conservation forestlands protect natural resources, provide wildlife habitat, and service a multi-billion dollar recreation industry. Invasive upland plants (IPs) threaten to dramatically reduce the flow of goods and services from these lands. In the late 1990s, a Florida (USA) state...

Dominant users of Lake Okeechobee water resources are agricultural producers and recreational anglers. These uses will be directly affected, should the lake become infested with zebra mussels. We employ a probabilistic bioeconomic simulation model to estimate the potential impact of zebra...

Invasive plants can have ecological impacts and cause economic harm particularly when recreational opportunities are lost. While the value of nature-related tourism has been assessed, little is known about the effect of invasive plants on recreational choices. This study uses non-market...

We present a bioeconomic model of three invasive aquatic plants (hydrilla, water hyacinth, and water lettuce) in 13 large Florida lakes, and simulate one-year and steady-state impacts of three control scenarios. We estimate that the steady-state annual net benefit of invasive plant control is...