Economic analysis of biological invasions in forests

Thomas P. Holmes, Juliann Aukema, Jeffrey Englin, Robert G. Haight, Kent Kovacs, Brian Leung

Research output: Chapter in Book/Report/Conference proceedingChapter


Biological invasions of native forests by nonnative pests result from complex stochastic processes that are difficult to predict. Although economic optimization models describe efficient controls across the stages of an invasion, the ability to calibrate such models is constrained by lack of information on pest population dynamics and consequent economic damages. Here we describe economic approaches for analyzing pre-invasion and post-invasion management of biological invasions under conditions of risk and uncertainty and emphasize the need for new microeconomic and aggregate studies of economic damages across gradients of forest types and ownerships.

Original languageEnglish (US)
Title of host publicationHandbook of Forest Resource Economics
PublisherTaylor and Francis
Number of pages18
ISBN (Electronic)9781136253294
ISBN (Print)9780415623247
StatePublished - Jan 1 2014


  • Biosecurity
  • Nonmarket values
  • Optimization
  • Risk
  • Timber
  • Uncertainty

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)
  • General Business, Management and Accounting
  • General Engineering
  • General Agricultural and Biological Sciences
  • General Environmental Science


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