3rd Quarter 2006
Resources and the Environment
Invasive Species
Rachael E. Goodhue and Gregory McKee, Guest Editors
Rachael E. Goodhue and Gregory McKee, Guest Editors
U.S. agriculture faces the invasion of foreign pest species like the med fly or, in prior times, the fire ant. Invasive species policy problems are characterized by substantial uncertainty regarding biological interactions/processes and economic relationships. Critical mistakes regarding policy choices can be made if such relationships are not properly considered. Each article in this set identifies a key lesson for invasive species-related actions and policy.
Gregory McKee, Colin A. Carter, James A. Chalfant, and Rachael E. Goodhue
Invasive species policy decisions are sometimes based on limited information, making it difficult to compare the costs and benefits of alternatives. We evaluate the policy implications of using only case-specific information which, when combined with additional information, makes analysis more precise and reduces estimated policy costs.
Brooks A. Kaiser
Invasive species cause damages that are the target of management before arrival, through prevention, and after establishment, through control. Current policy efforts fail to integrate, across management opportunities, the economic and biological parameters that affect policy efficacy. Efficient policy management will integrate these decisions both within and across species' threats.
Eduardo Romano and Suzanne Thornsbury
Argentine efforts to gain access to U.S. lemon markets illustrate the complexity of invasive species risk management policies. A source of uncertainty is confidence in institutional ability of regulatory agencies, both at home and away. Linkages exist between institution building and trust, but all policymakers continue to face industry pressures.
David Finnoff, Chad Settle, Jason F. Shogren, and John Tschirhart
Two questions arise when thinking about analysis for invasive species management: (1) What insight is gained by integrating the biological web of life into economic analysis? and (2) If this integration is worthwhile, how deep should it go? We explore these questions by highlighting our recent bioeconomic modeling efforts.

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