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Using Economic Instruments To Develop Effective Management Of Invasive Species: Insights From A Bioeconomic Model, Shana M. Mcdermott, Rebecca E. Irwin, Brad W. Taylor
Using Economic Instruments To Develop Effective Management Of Invasive Species: Insights From A Bioeconomic Model, Shana M. Mcdermott, Rebecca E. Irwin, Brad W. Taylor
Dartmouth Scholarship
Economic growth is recognized as an important factor associated with species invasions. Consequently, there is increasing need to develop solutions that combine economics and ecology to inform invasive species management. We developed a model combining economic, ecological, and sociological factors to assess the degree to which economic policies can be used to control invasive plants. Because invasive plants often spread across numerous properties, we explored whether property owners should manage invaders cooperatively as a group by incorporating the negative effects of invader spread in management decisions (collective management) or independently, whereby the negative effects of invasive plant spread are ignored …