Some Statistical Properties of a Generic Container Inspection Policy in Invasive Species Management

Posted: 22 Nov 2006

See all articles by Amitrajeet A. Batabyal

Amitrajeet A. Batabyal

Rochester Institute of Technology (RIT) - Department of Economics

Seung Jick Yoo

Korea Energy Economics Institute

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Abstract

In recent times - see Batabyal and Nijkamp (2005) and Batabyal and Lee (2006) - there has been considerable interest in studying container inspection policies as a regulatory tool in invasive species management. In this note, we continue this line of inquiry and first delineate a generic container inspection policy. Next, we derive the generating function for the random number of containers in a seaport when this generic policy is used to inspect containers. Finally, we first compute the mean and the variance of the limiting distribution of the number of containers in the seaport under study and then we discuss three ways in which these two moments might be used to manage invasive species effectively.

Keywords: Container, Generating Function, Inspection, Invasive Species, Statistical Properties

JEL Classification: Q58, C44

Suggested Citation

Batabyal, Amitrajeet A. and Yoo, Seung Jick, Some Statistical Properties of a Generic Container Inspection Policy in Invasive Species Management. Ecological Economics, Vol. 60, No. 1, pp. 1-4, 2006, Available at SSRN: https://ssrn.com/abstract=946471

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

Seung Jick Yoo

Korea Energy Economics Institute ( email )

665-1 Naeson2-dong
Euiwang-si
Kyunggi-Do 437-082
Korea

HOME PAGE: http://www.rit.edu/~aabgsh/

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