Allocating Resources Among Multiple Strategies
Management activities in one stage have direct consequences on other stages, thus it is important to analyze several stages concurrently. For example, scarce resources necessitate allocation between several activities. Decision-makers determine these allocations concurrently, thus the framework should incorporate the relationships between these stages. Economic literature often focuses on the introduction and post-establishment stages of the invasion process to identify the optimal strategies between exclusion and control activities. The allocation between control and other activities, such as post-introduction detection, is the focus of some papers reviewed here. The interaction between mitigation and adaptation activities is discussed in Understanding Risk Mitigation Versus Adaptation. Optimal resource allocation strategies amongst differing activities are addressed in the other sections that follow.
- Understanding Risk Mitigation Versus Adaptation : Risk analysis often treats mitigation and adaptation separately, but invasive species risk analysis needs to account for both of these actions for effective management practices.
- Maximizing Welfare Through Invasive Species Management Activities : Unlike the previous papers in this synthesis, the focus in this section is on the trade-offs between management strategies and their social benefits and costs.
- Determining Optimal Allocations Based on Inter-Species Relationships : Like humans, plants can be thought of as welfare maximizing organisms whose survival success depends on certain biological traits which can predict outcomes from interaction with other plants, humans, and their environment.
- Focusing on the Cost Versus Damage Trade-Off to Identify Optimal Strategies : Optimal strategies for multiple activities can be found by focusing on the trade-offs between the management costs and the species' damages deterred by engaging in the particular management activity.
Encyclopedia ID: p3069
