Costs and benefits of rodent eradication on Lord Howe Island Australia

Abstract

This paper sets out as follows. Section 2 provides information on Lord Howe Island and its rodent problem. Section 3 provides an introduction to Cost benefit Analysis and the measures of economic value used. Section 4 outlines the results of Cost Benefit Analysis of the Lord Howe Island Rosent Eradication Project (REP). Conclusions are provided in Section 5. The analysis provides a specific demonstration of how CBA can be used more generally to assess rodent eradication programs, where there are both biodiversity and tourism implications