An economic framework for benefit-cost analysis in wildlife damage studies

Abstract

Benefit-cost analysis (BCA) involves comparing all of the gains and losses from a given wildlife damage management action or management technique over time in similar units, thereby providing a total picture of potential gains and losses to society. This technique is at the core of justifications for wildlife damage management efforts. BCA has been noticeably absent from the study of vertebrate pest management problems, and in the few studies where a BCA has been included, the analysis is incomplete. This paper provides an overview of the steps in a BCA, using specific wildlife damage examples to highlight and expand the technique for researchers interested in documenting these effects.