Natural enemies such as herbivores that are introduced to reduce invasive plants can spill over into nature, threaten indigenous species and impose significant costs. We develop a bioeconomic model to analyse the optimal control management strategy of an introduced herbivore that has spilled...

There is a wide variety of approaches to whole farm models (WFMs) including purely biophysical models as well as models that combine biological and financial elements. Our study was motivated by the notion that researchers may benefit from guidelines on the choices they must make about modelling...

Modelling complex systems such as multiple-use reservoirs can be challenging. A legitimate question for scientists and modellers is how best to model their management under uncertain rainfall. This paper studies whether it is worth using a stochastic model that requires more effort than a much...

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...

A bioeconomic model is developed to analyze the optimal control management strategies for an introduced herbivore in a two-compartment ecosystem. This paper analyzes cost-effective control strategies that decrease the spillover effects of the herbivore on endangered plant species, thereby...

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...

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...

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...

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...

Policy makers in Vietnam face difficult choices when deciding reservoir water management strategies between irrigation and fisheries. In this paper, an economic optimization model for water management is developed to facilitate policy makers' decision making. The model includes the response of...