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An analysis of economic cost minimization and biological invasion damage control using the AWQ criterion

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  • Gregory DeAngelo
  • Amitrajeet Batabyal
  • Seshavadhani Kumar

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Suggested Citation

  • Gregory DeAngelo & Amitrajeet Batabyal & Seshavadhani Kumar, 2007. "An analysis of economic cost minimization and biological invasion damage control using the AWQ criterion," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 41(3), pages 639-655, September.
    • Handle: RePEc:spr:anresc:v:41:y:2007:i:3:p:639-655
    DOI: 10.1007/s00168-007-0121-y
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    References listed on IDEAS

    as
    1. Arrow, Kenneth J. & Chang, Sheldon, 1982. "Optimal pricing, use, and exploration of uncertain natural resource stocks," Journal of Environmental Economics and Management, Elsevier, vol. 9(1), pages 1-10, March.
    2. Lars J. Olson & Santanu Roy, 2002. "The Economics of Controlling a Stochastic Biological Invasion," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(5), pages 1311-1316.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. repec:ebl:ecbull:v:17:y:2008:i:15:p:1-9 is not listed on IDEAS
    2. Batabyal, Amitrajeet & Beladi, Hamid, 2013. "Ship inspections in invasive species management: Alternate regimes and their properties," MPRA Paper 72269, University Library of Munich, Germany.

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    More about this item

    Keywords

    AWQ criterion; Inspection; Invasive species; Maritime trade; Queuing theory; Q58; L51; D81;
    All these keywords.

    JEL classification:

    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

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