Chalak, Morteza; Pannell, David J.; Polyakov, Maksym - Agricultural and Applied Economics Association - AAEA - 2011
economic and environmental damage. Spread and control of invasive species are stochastic processes with important spatial … dimensions. Most economic studies of invasive species control ignore spatial and stochastic aspects. This paper covers this gap … setting. We show how stochasticity, spatial location of infestation and control can influence the spread, control efficiency …