We present a bioeconomic model of three invasive aquatic plants (hydrilla, water hyacinth, and water lettuce) in 13 large Florida lakes, and simulate one-year and steady-state impacts of three control scenarios. We estimate that the steady-state annual net benefit of invasive plant control is $59.95 million. A one-year increase in control yields steady-state gains of $6.55 million per year, and...

Many conservation programs under the 2002 Farm Act address resource concerns such as water quality and aquatic communities in streams. Analyzing two such programs, simulated changes in agricultural practices decreased field-edge sediment losses by 25S31% in two geophysically distinct Minnesota watersheds. However, while in-stream sediment concentrations and lethal fisheries events decreased sig...

In this paper we develop a bioeconomic model of timber harvesting that includes dynamic interactions between mountain pine beetle (MPB) and a lodgepole pine forest with a disaggregated size structure. The model is used to investigate the consequences of alternative public management strategies on forest dynamics in the presence of MPB outbreaks. Management practices similar to those commonly pr...

The cassava mealybug is a clear and present threat to the food security and livelihoods of some of the world's most impoverished citizens. Niche models, such as CLIMEX, are useful tools to indicate where and when such threats may extend, and can assist with planning for biosecurity and the management of pest invasions. They can also contribute to bioeconomic analyses that underpin the allocatio...

We consider the effects of large inflationary price fluctuations on the computed optimal harvest strategy for a randomized Schaefer model. Both prices and population sizes are assumed random with both background (Wiener) and jump (Poisson) components. Population fluctuations are assumed to be density independent, i.e., relative changes are independent of population size. Stochastic dynamic prog...

Recent reports suggest that most of the world's commercial fisheries could collapse within decades. Although poor fisheries governance is often implicated, evaluation of solutions remains rare. Bioeconomic theory and case studies suggest that rights-based catch shares can provide individual incentives for sustainable harvest that is less prone to collapse. To test whether catch-share fishery re...

Biological diversity on the planet is a result of billions of years of evolution and ecologists, such as John Maynard Smith, are using evolutionary game theory to explain the role of animal behaviour in the evolution process. Game theory, following the work of von Neumann, Morgenstern, Nash and others, is gaining support as a methodology for modelling economic behaviour. As economic activity is...