A Government Decision Model for Invasive Species: Choosing the Most Efficient Government Program for the Management of Livestock Diseases

Yichen Zhang, Andrew Muhammad () and Keith H. Coble ()

No 47115, 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia from Southern Agricultural Economics Association

Abstract: The impact of invasive species has grown substantially in recent years as evident by the trends in government expenditures in response to outbreaks. In this paper, authors analyze advantages and disadvantages of current government compensation measures for invasive species. The conceptual models are built to describe the relationship between producers’ utility and the effect of adoption of different measures under different observability condition. As a case study, a survey is designed to analyze producer behavior in mitigating AI & END outbreaks.

Keywords: Agricultural and Food Policy; invasive species; indemnification programs; insurance programs; tiered indemnification (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr
Date: 2009-02

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