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Cost-effective Recovery of an Endangered Species: The Red-cockaded Woodpecker

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  • Ryan M. Finseth
  • Jon M. Conrad

Abstract

A model for the recovery of an endangered species is developed and applied to the red-cockaded woodpecker (Picoides borealis), a species once abundant in the southeastern United States. There is a finite set of recovery actions that might be implemented in each period, with the goal of reaching a population target at some future date. Dynamic programming is used to solve deterministic and stochastic versions of the model. Least-cost recovery plans are found for the deterministic problem where it is possible to attain a population target with certainty. For the stochastic problem, least-cost, adaptive actions are identified.

Suggested Citation

  • Ryan M. Finseth & Jon M. Conrad, 2014. "Cost-effective Recovery of an Endangered Species: The Red-cockaded Woodpecker," Land Economics, University of Wisconsin Press, vol. 90(4), pages 649-667.
    • Handle: RePEc:uwp:landec:v:90:y:2014:i:4:p:649-667
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    References listed on IDEAS

    as
    1. Elizabeth Marshall & Frances Homans & Robert Haight, 2000. "Exploring Strategies for Improving the Cost Effectiveness of Endangered Species Management: The Kirtland's Warbler as a Case Study," Land Economics, University of Wisconsin Press, vol. 76(3), pages 462-473.
    2. Benjamin S. Rashford & Richard M. Adams, 2007. "Improving the Cost-Effectiveness of Ecosystem Management: An Application to Waterfowl Production," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 89(3), pages 755-768.
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    Cited by:

    1. Conrad, Jon M., 2018. "Real Options for Endangered Species," Ecological Economics, Elsevier, vol. 144(C), pages 59-64.

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    More about this item

    JEL classification:

    • Q24 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Land
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy

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