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The decision maker’s dilemma, choosing between competing priorities

  • biosecurity investment
  • David Cook
  • environmental systems
  • Public
Preparedness and Prevention [1]
CRC10162: Communicating Uncertainties in Biosecurity Adaption (CUBA) [2]
Publication Type  Conference Proceedings [3]
Year of Publication  2010
Authors  Cook, D. [4]; Fraser, R. [5]; Waage, J. [6]; Thomas, M. [7]
Conference Name  OECD Workshop: Decision making and science - the balancing of risk based decisions that influence the sustainability of agricultural production
Conference Start Date  07/10/2010
Conference Location  Berlin, Germany
Abstract  

This paper is motivated by the observation that there is a difference between the time paths of damage valuations for invasions which affect agricultural compared with environmental systems. In particular, unlike agricultural systems, social valuation of an environmental system is likely to be
exponentially positively related to the extent of its deterioration.

This paper explores the implications of this difference in determining biosecurity investment priorities where criteria for decision-making are relatively narrow. It is concluded that because of this difference an environmental system will often not be prioritised for such protection over an agricultural system even though its ultimate social value exceeds that of the agricultural system. For this reason a broader set of decision criteria are needed that enable decisionmakers to learn more about the context of biosecurity investment decisions.

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The decision maker’s dilemma, choosing between competing priorities [8]

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Links:
[1] http://legacy.crcplantbiosecurity.com.au/program/preparedness-and-prevention
[2] http://legacy.crcplantbiosecurity.com.au/project/crc10162-communicating-uncertainties-biosecurity-adaption-cuba
[3] http://legacy.crcplantbiosecurity.com.au/publications/research/type/104
[4] http://legacy.crcplantbiosecurity.com.au/publications/research/author/Cook
[5] http://legacy.crcplantbiosecurity.com.au/publications/research/author/Fraser
[6] http://legacy.crcplantbiosecurity.com.au/publications/research/author/Waage
[7] http://legacy.crcplantbiosecurity.com.au/publications/research/author/Thomas
[8] http://legacy.crcplantbiosecurity.com.au/sites/all/files/Cook_2011.pdf
[9] http://legacy.crcplantbiosecurity.com.au/publications/research/export/tagged/1710
[10] http://legacy.crcplantbiosecurity.com.au/publications/research/export/xml/1710
[11] http://legacy.crcplantbiosecurity.com.au/publications/research/export/bib/1710