Designing epidemic livestock insurance

Research output: Chapter in Book/Report/Conference proceedingChapterAcademicpeer-review

8 Citations (Scopus)

Abstract

This chapter deals with (1) designing an epidemic livestock insurance in such a way that farmers get the right incentives to behave in the interest of the collective; (2) designing a risk-financing model that deals with the systematic character of the risk and that considers a diminishing financial role for governments over time; and (3) rating the insurance by means of expert information and Monte Carlo simulation modelling to address data problems. The chapter has a European perspective and estimated premium rates apply to foot and mouth disease and hog cholera in the Netherlands.
Original languageEnglish
Title of host publicationThe economics of livestock disease insurance: concepts, issues and international case studies
EditorsS.R. Koontz, D.L. Hoag, D.D. Thilmany, D. Green, J.L. Grannis
PublisherCABI
Chapter10
Pages126-140
Number of pages15
ISBN (Print)9780851990774
DOIs
Publication statusPublished - 2005

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