The Stochastic Arrival of Alien Species and the Number of and the Damage from Biological Invasions

Posted: 30 Apr 2007

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

Abstract

The extant literature has delineated some of the ways in which uncertainty affects the management of alien species. In this paper, we continue this line of inquiry and shed light on two insufficiently studied issues concerning the probabilistic nature of biological invasions. First, we determine the total number of biological invasions in a particular time period of interest. Second, we compute the total monetary damage from biological invasions in this same time period of interest. Our analysis of the first (second) issue focuses on the case in which the parameter of the stochastic process describing the arrival of alien species is probabilistic (deterministic).

Keywords: Biological Invasion, Monetary Damage, Stochastic Arrival Process, Uncertainty

JEL Classification: Q56, Q58, C44

Suggested Citation

Batabyal, Amitrajeet A. and Nijkamp, Peter, The Stochastic Arrival of Alien Species and the Number of and the Damage from Biological Invasions. Ecological Economics, Vol. 62, No. 2, pp. 277-280, 2007, Available at SSRN: https://ssrn.com/abstract=982891

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

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Abstract Views
364
PlumX Metrics