English, Article, Journal or magazine article edition: Prioritising Biosecurity Investment between Protecting Agricultural and Environmental Systems David C. Cook; Rob W. Fraser; Jeffrey K. Waage; ...

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Bookmark: http://trove.nla.gov.au/version/157844
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Prioritising Biosecurity Investment between Protecting Agricultural and Environmental Systems
Author
  • David C. Cook
  • Rob W. Fraser
  • Jeffrey K. Waage
  • Matthew B. Thomas
Physical Description
  • preprint
Notes
  • This paper is motivated by the observation that there is a difference between the time paths of damage valuations for invasions which affect agricultural compared with environmental systems. In particular, unlike agricultural systems, studies have shown that the social valuation of an environmental system is likely to be exponentially positively related to the extent of its deterioration. This paper explores the implications of this difference in determining biosecurity investment priorities. It is concluded that because of this difference an environmental system will often not be prioritised for such protection over an agricultural system even though its ultimate social value exceeds that of the agricultural system.
  • Biosecurity; invasive species
  • RePEc:ukc:ukcedp:0908
Language
  • English
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