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An Analytical Framework For Discussing Farm Business Interruption Insurance For Classical Swine Fever

Author

Listed:
  • Meuwissen, Miranda P.M.
  • Skees, Jerry R.
  • Black, J. Roy
  • Huirne, Ruud B.M.
  • Dijkhuizen, Aalt A.

Abstract

This paper studies farm business interruption insurance for Classical Swine Fever epidemics. Insight into the size of risk is obtained by a very detailed Monte-Carlo simulation model that includes both epidemiological and economic factors. The paper also considers issues such as farmers' and governments' influence on the size of risk.

Suggested Citation

  • Meuwissen, Miranda P.M. & Skees, Jerry R. & Black, J. Roy & Huirne, Ruud B.M. & Dijkhuizen, Aalt A., 2000. "An Analytical Framework For Discussing Farm Business Interruption Insurance For Classical Swine Fever," 2000 Annual meeting, July 30-August 2, Tampa, FL 21738, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea00:21738
    DOI: 10.22004/ag.econ.21738
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    File URL: https://ageconsearch.umn.edu/record/21738/files/sp00me02.pdf
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    References listed on IDEAS

    as
    1. Hogarth, Robin M & Kunreuther, Howard, 1989. "Risk, Ambiguity, and Insurance," Journal of Risk and Uncertainty, Springer, vol. 2(1), pages 5-35, April.
    2. Kunreuther, Howard, 1996. "Mitigating Disaster Losses through Insurance," Journal of Risk and Uncertainty, Springer, vol. 12(2-3), pages 171-187, May.
    3. Meuwissen, Miranda P.M. & Huirne, Ruud B.M. & Hardaker, J. Brian, 1999. "Perceptions Of Risks And Risk Management Strategies; An Analysis Of Dutch Livestock Farmers," 1999 Annual meeting, August 8-11, Nashville, TN 21507, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. Mario J. Miranda & Joseph W. Glauber, 1997. "Systemic Risk, Reinsurance, and the Failure of Crop Insurance Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(1), pages 206-215.
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    Cited by:

    1. Wolf, Christopher A., 2005. "Producer Livestock Disease Management Incentives and Decisions," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 8(1), pages 1-16.
    2. Krämer, J. & Farwick, J., 2009. "Schäden in der Landwirtschaft durch Maul- und Klauenseuche: Simulationsrechnungen für ausgewählte Modellregionen," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 44, March.
    3. Ghahremanzadeh, Mohammad & Mohammadrezaei, Rassul & Dashti, Ghader & Ainollahi, Moharram, 2018. "Designing a whole-farm revenue insurance for agricultural crops in Zanjan province of Iran," Economia Agraria y Recursos Naturales, Spanish Association of Agricultural Economists, vol. 17(02), January.

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