Showing 1 - 6 of 6
The risk of unintentional biological invasions in a nation typically varies by trading partner. Because this recognition has been very recent, several theoretical issues concerning the differential treatment of trading partners in alien species management remain inadequately studied. Therefore,...
Persistent link: https://www.econbiz.de/10014048048
The many aspects of alien species management normally all involve decision making over time and under uncertainty. Therefore, in this note, we focus on an arbitrary seaport in a country called Home and we conduct a dynamic and stochastic analysis of two questions that have received insufficient...
Persistent link: https://www.econbiz.de/10014047083
The extant literature has paid scant theoretical attention to the tripartite interaction between increasing environmental regulations, the resulting decision by a polluting firm to upgrade its capital stock, and the impact of innovation on this capital stock improvement decision. Hence, we...
Persistent link: https://www.econbiz.de/10014218022
We begin by outlining some of the more salient issues in contemporary research on the management of invasive species. Next, we note that even though there is a sizeable literature in both biology and economics on invasive species management, until very recently, there has been a significant...
Persistent link: https://www.econbiz.de/10013105789
We use a continuous-time Markov chain model to study the properties of a seaport container cargo unloading and inspection protocol. The purpose of cargo inspections is to detect and thereby eliminate the damage from stochastically arriving invasive species. Our analysis leads to five findings...
Persistent link: https://www.econbiz.de/10013090893
We study innovation policy in a region in which the members of the creative class engage in Schumpeterian competition and thereby extend aspects of the recent analysis in Batabyal and Yoo (2017). Using the language of these researchers, the creative class is broadly composed of existing and...
Persistent link: https://www.econbiz.de/10012951963