Some Probabilistic Attributes of Inspection Policies in Alien Species Management

12 Pages Posted: 27 Jul 2006

See all articles by Amitrajeet A. Batabyal

Amitrajeet A. Batabyal

Rochester Institute of Technology (RIT) - Department of Economics

Peter Nijkamp

VU University of Amsterdam - Department of Spatial Economics; Tinbergen Institute

Multiple version iconThere are 2 versions of this paper

Date Written: July 2006

Abstract

Inspections are a salient part of alien species management and, therefore, in contemporary times, there has been great interest in analyzing the role of inspections as an apposite regulatory tool. In this paper, we continue the study of inspections in a probabilistic environment and we shed light on three specific issues concerning inspection policies in the context of alien species management. First, given a particular seaport, we determine the likelihood that n ships will need to be inspected in a relevant time period. Second, we compute the probability distribution function of the amount of time it takes to inspect an arbitrary ship. Finally, we show how the probability distribution function of the total cost of inspections in the above time period can be calculated.

Keywords: Alien Species, Container, Inspection, Total Cost, Uncertainty

JEL Classification: Q58, C44

Suggested Citation

Batabyal, Amitrajeet A. and Nijkamp, Peter, Some Probabilistic Attributes of Inspection Policies in Alien Species Management (July 2006). Available at SSRN: https://ssrn.com/abstract=920497 or http://dx.doi.org/10.2139/ssrn.920497

Amitrajeet A. Batabyal (Contact Author)

Rochester Institute of Technology (RIT) - Department of Economics ( email )

92 Lomb Memorial Drive
Rochester, NY 14623-5604
United States
585-475-2805 (Phone)
585-475-5777 (Fax)

HOME PAGE: http://people.rit.edu/aabgsh

Peter Nijkamp

VU University of Amsterdam - Department of Spatial Economics ( email )

De Boelelaan 1105
1081HV Amsterdam
Netherlands
+31 20 4446091 (Phone)
+31 20 4445611 (Fax)

Tinbergen Institute

Gustav Mahlerplein 117
Amsterdam, 1082 MS
Netherlands

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