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Valuation of the cost of a weed incursion in a natural environment: a simulation approach

  • Susan Hester
  • , Jack Alfred Sinden
  • , Oscar Jose Cacho

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The damage that weeds inflict on natural ecosystems over time reduces the flow of services from these areas, thus reducing the flow of benefits to society. A simulation model of a natural ecosystem is a useful tool to analyse the effects of an alien plant invasion over time. Such an approach is developed here to apply the theory of production economics to value the damage through a dynamic bioeconomic model. The approach integrates the principles of benefit-cost analysis to value the costs of the incursion and the benefits of control.
Original languageEnglish
Title of host publication14th Australian Weeds Conference Papers and Proceedings: Weed Management - Balancing People, Planet, Profit
EditorsBM Sindel, SB Johnson
Place of PublicationWahroonga, Australia
PublisherWeed Society of New South Wales
Pages572-575
ISBN (Print)0975248812, 0975248804
Publication statusPublished - 2004
Event14AWC: 14th Australian Weeds Conference - Wagga Wagga, Australia
Duration: 6 Sept 20049 Sept 2004

Conference

Conference14AWC: 14th Australian Weeds Conference
CityWagga Wagga, Australia
Period6/09/049/09/04

Keywords

  • Environment and Resource Economics

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