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Optimal Resource Management in the Presence of a Delaterious Alien Species: A Stochastic Model for an Orchard

  • A.A. Batabyal
  • , P. Nijkamp

Research output: Contribution to JournalArticleAcademicpeer-review

Abstract

Resources such as orchards are vulnerable to the detrimental effects of successful invasions by alien animal or plant species. To outline an appropriate policy response, we first use renewal theory to construct a stochastic model of optimal orchard management in the presence of a deleterious alien species. Next, we derive the orchard manager's long run expected cost (LREC) of orchard management per unit time. Finally, we show that when confronted with a successful biological invasion, the optimal number of trees that need to be removed and replanted in order to keep the orchard under study sustainable in the long run minimizes the LREC function mentioned above. © Springer-Verlag 2008.
Original languageEnglish
Pages (from-to)107-116
Number of pages9
JournalLetters in Spatial and Resource Sciences
Volume1
Issue number2/3
DOIs
Publication statusPublished - 2008

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 15 - Life on Land
    SDG 15 Life on Land

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