Invasive Species and Delaying the Inevitable: Results from a Pilot Valuation Experiment

Herein we explore the economic value of delaying inevitable environmental damage due to aquatic invasive species, which is a problem especially relevant to tropic and subtropical regions. We developed an analytical framework and tested it using a stated preference survey. The results suggest that delaying the impacts can be valuable. Other tests reveal characteristics of the willingness-to-pay estimates that are consistent with economic theory.


Issue Date:
2007-10
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/37127
Published in:
Journal of Agricultural and Applied Economics, Volume 39, Issue Special Issue
Page range:
83-95
Total Pages:
15
JEL Codes:
Q00; Q29




 Record created 2017-04-01, last modified 2017-08-25

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