Milfoil is an aggressive aquatic invasive species that affects freshwater lakes by altering lake ecosystems and degrading the quality of water recreation activities. Three studies estimating the effect of milfoil infestation on lakefront property values have each found substantial discounts....

This article examines newly-discovered scientific synergies between climate change and invasive species from a legal perspective. Specifically, new scientific research shows that invasive plant species are better able to adapt to the earlier onset of spring – a likely consequence of climate...

The extant literature tells us that a seaport inspector who places a large (small) weight on biological invasion damage control relative to economic cost reduction will, ceteris paribus, inspect ships with containers more (less) stringently. Therefore, in this theoretical note we analyze the...

We propose a research agenda for studying six basic questions about the impacts of alternate international invasive species control mechanisms on economic agents in a nation such as the USA. The six questions are as follows. First, when can one justify a trade ban as an effective regulatory...

The extant literature tells us that a seaport inspector who places a large (small) weight on biological invasion damage control relative to economic cost reduction will, ceteris paribus, inspect ships with containers more (less) stringently. Therefore, in this theoretical note we analyze the...

Invasive exotic species are a reality in all ecosystems. These biological invaders disrupt ecological patterns and cause billions of dollars in economic damage. Justifiably, governments are stepping up their response. However, while many invaders are considered unmitigated ecological disasters,...

Risk analysis for biological invasions is similar to other types of natural and human hazards. For example, risk analysis for chemical spills requires the evaluation of basic information on where a spill occurs; exposure level and toxicity of the chemical agent; knowledge of the physical...

This paper uses a model combining three strands within the bioeconomic literature: spatial management, pest and nuisance management, and enforcement under different ecological dispersal processes (i.e., sink-source versus density-dependent) to illustrate the dual management policy (i.e.,...