Biological invasion risks and the public good: an economic perspective

Perrings, Charles, Williamson, Mark, Barbier, Edward B., Delfino, Doriana, Dalmazzone, Silvana, Shogren, Jason, Simmons, Peter and Watkinson, A. (2002) Biological invasion risks and the public good: an economic perspective. Conservation Ecology, 6 (1).

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Abstract

We postulate that the causes of the problem of invasive alien species are primarily economic and, as such, require economic solutions. Invasive alien species are of increasing concern for four reasons. First, introductions are increasing sharply, while mechanisms for excluding or eradicating alien species have been either withdrawn or progressively weakened. Both trends are due to the liberalization of and increase in international travel and trade, an economic phenomenon. Second, the costs of invasions are rising rapidly due partly to increasing human population density, and partly to increasing intensity of production in genetically impoverished agricultural systems. Third, biological invasions are associated with a high degree of uncertainty both because they involve novel interactions, and because invasion risks are endogenous. Actual risks depend on how people react to the possibility of invasions. Fourth, the exclusion and control of invasive species is a "weakest-link" public good. This places the well-being of society in the hands of the least effective provider. We argue that an economic solution to the problem of invasive species has two components. One is to use incentives to change human behavior so as to enhance protection against the introduction, establishment, and spread of invasive behavior. The other is to develop institutions that support the weakest members of global society, converting a "weakest-link" to a "best-shot" public good.

Item Type: Article
Faculty \ School: Faculty of Science > School of Environmental Sciences
UEA Research Groups: Faculty of Science > Research Centres > Centre for Ecology, Evolution and Conservation
Faculty of Science > Research Groups > Collaborative Centre for Sustainable Use of the Seas
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Depositing User: LivePure Connector
Date Deposited: 03 Dec 2018 15:30
Last Modified: 24 Oct 2022 03:23
URI: https://ueaeprints.uea.ac.uk/id/eprint/69143
DOI:

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