PT  - JOURNAL ARTICLE
AU  - Finseth, Ryan M.
AU  - Conrad, Jon M.
TI  - Cost-effective Recovery of an Endangered Species: The Red-cockaded Woodpecker
AID  - 10.3368/le.90.4.649
DP  - 2014 Nov 01
TA  - Land Economics
PG  - 649--667
VI  - 90
IP  - 4
4099  - http://le.uwpress.org/content/90/4/649.short
4100  - http://le.uwpress.org/content/90/4/649.full
SO  - Land Econ2014 Nov 01; 90
AB  - A model for the recovery of an endangered species is developed and applied to the red-cockaded woodpecker (Picoides borealis), a species once abundant in the southeastern United States. There is a finite set of recovery actions that might be implemented in each period, with the goal of reaching a population target at some future date. Dynamic programming is used to solve deterministic and stochastic versions of the model. Least-cost recovery plans are found for the deterministic problem where it is possible to attain a population target with certainty. For the stochastic problem, least-cost, adaptive actions are identified. (JEL Q24, Q28)