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| Title | The optimal management of endemic invasive species: A multi-agent system approach |
| Speaker | Ms. Lisa Elliston, UNSW@ADFA |
| Date | Wednesday 25 May |
| Time | 10:00 - 11:00 |
| Venue | Building 15 - Rm 152 |
| Abstract | Invasive weeds and pests can impose significant commercial costs on the agricultural sector. Because the benefits of eradication largely accrue to individual landholders, the role for government intervention is likely to be limited. However, the level of investment in eradication of endemic invasive species is likely to fall below the optimal level in the absence of government intervention due to the biological characteristics of the invasive species, the institutional arrangements in place and high information and transaction costs. A multi-agent system approach has been adopted to model the role of negotiation and cooperation between individual landholders managing an incursion of an endemic invasive species. Using this approach it is possible to investigate the extent and value of voluntary cooperative action between landholders. |
| Bio | Lisa Elliston is a research economist at the Australian Bureau of Agricultural and Resource Economics (ABARE), a government research organisation. She has worked at ABARE for the last eight years, undertaking research primarily into the role of government in managing natural resources and the interactions between the agricultural sector and the natural resource base. This work has typically involved the use of math programming techniques to identify optimal solutions given uncertainty and includes the development of models to investigate fisheries and agricultural disease management. Lisa has a B.Ec (Hons) from the University of Adelaide. |
