Replaced with revised version of paper 07/13/04.

This paper estimates the direct and indirect impacts of the Pink Hibiscus Mealybug infestation on the economies of Florida and the rest of the United States. The approach involves a Markov chain analysis wherein both short run and long run expected damages from infestation are calculated. Use is...

This Paper designs a political economy model of invasive species management in order to explore the effectiveness of tariffs in mitigating the risk of invasion. The revenue interests of the government together with the interests of the lobby group competing with the imported agricultural...

In this paper the impact of public policies such as subsidies and taxation on invasive species management is explored in a Markov chain framework. Private agents react to public incentives based upon their long term expected profits and have the option of taking measures such as abatement,...

This paper derives the optimal level of restorative efforts required to restore environments degraded by invasive species invasion. Specific attention is focused upon a case when the restoration efforts face the risk of failure through relapse of the restored environment. The level of restored...