Benefit Cost

Container with quarantine tape

Benefit Cost research is about determining the optimal–cost efficient approach for maximising the detection of different biosecurity incursions and managing current and future threats. Typically, economic and social analyses are combined to maximise returns on management investments. The knowledge and tools gained from this research provide governments with the information to make cost efficient decisions in dealing with biosecurity risk.

Benefit Cost projects

  • 1304B : Handling uncertainty in the Risk-Return Resource Allocation (RRRA) model

    This project seeks to develop a practical method for uncertainty to be incorporated into the model. It will identify and evaluate various methods of dealing with uncertainty in a complex stochastic model. It will also identify technical solutions for incorporating the developed method into the risk-return resource allocation system.

  • 1404A (1304A) : Cost effective surveillance of foot-and-mouth disease

    Current surveillance for FMD in Australia is primarily through a passive surveillance approach, relying on notification of a disease through clinical presentation. Recent work through Animal Health Committee's General Surveillance Expert Working Group found that for many parts of Australia it could take many weeks for an FMD incursion to be notified. The Matthew Review (2011) reported that any delay in detecting FMD could seriously amplify the scale and duration of an outbreak, the losses that are experienced and the nation's ability to recover. Relatively little has been done in terms of active surveillance for high consequence threats like FMD, and there is no well-developed economic case for the benefits of doing so. This project provides both simulation results and an optimizing framework to determine appropriate active and enhanced passive surveillance measures against FMD in Australia.

  • 1504C (1304C, 1404C) : Market-based incentives for biosecurity compliance

    This project aims to evaluate the implementation of compliance-based biosecurity inspection protocols. This rigorous and scientific approach to evaluation and testing will be used to inform the Department of Agriculture on how to develop tailored approaches for a wider roll-out of these types of protocols across the Department. Such an approach would also provide the Department with a framework for future program evaluation work.

  • 1504D (1404D) : Using decision support tools in emergency animal disease planning and response: Foot-and-Mouth disease

    The aim of this project is to evaluate decision tools to improve decision-making for managing an FMD incursion.