Optimal investment in prevention and control of a potential invader: the case of zebra mussels in Florida waterways

The probability of a severe infestation ranges from 2% to 98% depending on investment in monitoring, prevention, and response technology. Given the estimated potential for economic damages, preliminary results indicate that prudent investment in prevention and early response net a present value net return of $10 million over 20 years.


Issue Date:
2007
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/34933
Total Pages:
11
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-08-25

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