Optimal dynamic allocation of conservation funding among priority regions

Bulletin of Mathematical Biology
Michael BodeHugh P Possingham

Abstract

The optimal allocation of conservation resources between biodiverse conservation regions has generally been calculated using stochastic dynamic programming, or using myopic heuristics. These solutions are hard to interpret and may not be optimal. To overcome these two limitations, this paper approaches the optimal conservation resource allocation problem using optimal control theory. A solution using Pontryagin's maximum principle provides novel insight into the general properties of efficient conservation resource allocation strategies, and allows more extensive testing of the performance of myopic heuristics. We confirmed that a proposed heuristic (minimize short-term loss) yields near-optimal results in complex allocation situations, and found that a qualitative allocation feature observed in previous analyses (bang-bang allocation) is a general property of the optimal allocation strategy.

References

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Citations

Nov 26, 2010·Proceedings of the National Academy of Sciences of the United States of America·William MurdochJames Regetz
Aug 17, 2011·Philosophical Transactions of the Royal Society of London. Series B, Biological Sciences·Kerrie A WilsonCarlo Rondinini
Apr 14, 2012·Conservation Biology : the Journal of the Society for Conservation Biology·M Rebecca ShawPatrick Roehrdanz
Jan 28, 2015·PLoS Biology·Hugh P PossinghamCarissa J Klein
Aug 24, 2012·Ecology Letters·John C WitheyWalter Reid
Sep 13, 2017·Proceedings of the National Academy of Sciences of the United States of America·Gwenllian D IaconaMichael Bode

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