Antibiotic Management Trade-offs When a Veterinary Agent Seeks to Satisfy Multiple Goals
Ruoyu Wang
No 361247, 2025 AAEA & WAEA Joint Annual Meeting, July 27-29, 2025, Denver, CO from Agricultural and Applied Economics Association
Abstract:
Veterinarians face complex trade-offs when prescribing antibiotics, balancing clinical needs, client expectations, and societal risks. This paper uses a choice experiment with U.S. veterinarians to examine how these factors are weighted. We find that veterinarians place greater weight on the probability of loss compared to its magnitude, regardless of subgroup. Animal welfare consistently emerges as the most influential factor in their decision-making, with willingness-to-pay estimates exceeding several hundred dollars. Similarly, veterinarians exhibit a strong aversion to high levels of antibiotic resistance risk, while showing limited sensitivity to low levels. The heterogeneity analysis further highlights opposing behavioral patterns between large animal and small animal veterinarians.
Keywords: Health; Economics; and; Policy (search for similar items in EconPapers)
Pages: 42
Date: 2025
References: Add references at CitEc
Citations:
Downloads: (external link)
https://ageconsearch.umn.edu/record/361247/files/Antibiotic_v5_Ruoyu.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea25:361247
DOI: 10.22004/ag.econ.361247
Access Statistics for this paper
More papers in 2025 AAEA & WAEA Joint Annual Meeting, July 27-29, 2025, Denver, CO from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().